What is Money?
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.
What Is The Best Way To Save Money In Uganda
Use the 50/30/20 RuleThe idea is to spend your income in the following way: 50% on personal needs such as groceries, housing, utilities,
and security, 20% on investments 20% on savings, such as emergency savings, a college fund, or a retirement plan, and finally 10% on giving for religious or personal inclinations.
How can I make money grow?
Set financial goals.
Set a budget and stick to it.
Start investing early.
Build a diversified portfolio.
Get out of debt.
Switch investments as your priorities change.
Start a side hustle.
Invest in tax-saving instruments.