British Virgin Islands Financial Services Commission

Saving Power

If you’ve done your budget, compared your income to your expenses, and you’re already finding it difficult to make ends meet, trying to save might seem challenging.   Saving may be difficult, but it’s not impossible.  You probably can’t make many cuts in your fixed expenses, such as your mortgage or rent, car loans or business loans, but you can find ways to reduce the bills even for necessary items, such as gas, clothes, groceries and electricity.   Optional items on your budget, like entertainment, travel and hobbies can be reduced or cut out all together.