How to Save Money from Your Salary to Start a Business: Tips and Advice

Create a Budget and Stick to It

Start by tracking your daily, weekly, and monthly expenses. This will give you a clear picture of your spending habits and help you identify areas where you can cut back.

Reduce Unnecessary Expenses

Differentiate Between Wants and Needs

Ensure you understand the difference between wants and needs. Focus on spending money on necessities and limit spending on non-essential items.

Increase Your Income

Consider taking up side gigs or freelance work. This additional income can be solely dedicated to your business fund.