UBUMWE SACCO GAKENKE
Make saving a habit.
Plan what to set aside around your income and everyday needs.
Work through the steps
Separate your goals
Write down what you are saving for and when you will need the money. School costs, equipment and unexpected expenses can each have a different plan.
Match your income rhythm
Are you paid monthly or after selling a harvest? List essential spending and existing repayments first. Choose an amount you can set aside and review it when your income changes.
Review your progress
Compare your plan with what you actually saved. If there is a gap, review the reason and adjust the amount or the timeline. Use the savings-goal planner to work through your own figures.
IN YOUR NOTEBOOK
What to write down
- Goal and date
- What you need, its cost and when the money is needed.
- Money set aside
- Record the date and amount; keep the receipt.
- Review
- Planned savings, actual savings and your next adjustment.