A penny saved is a penny earned is an age-old proverb that’s unlikely to ever lose relevance. So is the saying, it’s not your salary that makes you rich, It’s your spending habits. That is, the surest way to a strong long-term financial foundation is a cohesive, well-considered and executed savings and spending plan.
This infographic highlights the typical expenses, at various stages of life, that we often do not factor in while making a budget – setting up home as newly-weds, becoming parents, long years of childcare and education, grandchildren costs, etc.
Infographic Source: Budgeting Tips For All Stages Of Life by CashNetUSA