Subject 4 of 15
Saving
Build a safety net for life’s surprises, save up for the things you want, and keep going even in tight months.
How much should I save, and where?
9 modules, from the first step to the finishing touches. Each one is a few short lessons you can do in one sitting.
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1
The fund that catches you
Build a small emergency fund first, know what really counts as an emergency, and refill it after you use it.
5 lessons -
2
Money with a name on it
Give your savings a job, plan for more than one goal at a time, and work backward from a date to a monthly amount.
9 lessons -
3
So it doesn't depend on a good month
Keep saving even when your income goes up and down, with an honest average and a plan that runs on its own.
5 lessons -
4
Three ways to divide a month
Three popular ways to budget, including 50/30/20 and envelopes, and how to pick the one you’ll actually stick with.
6 lessons -
5
Running a tanda
How savings circles like tandas work, what your turn in line is worth, and what to check before you join one.
8 lessons -
6
Money sent home
The hidden costs of sending money abroad, and how to get more of it to the people who need it.
6 lessons -
7
The money that shows up all at once
Make the most of a bonus or refund: decide what it’s for before it arrives, and when paying off debt is the better move.
5 lessons -
8
When your own money buys less each month
Why money that just sits loses value when prices rise, and the one comparison your bank’s ads never show you.
5 lessons -
9
What the app does with your spare change
How round-up saving apps really work, who is holding your money, and the fee that can wipe out what you saved.
5 lessons
Questions about saving
How much should I have in an emergency fund?
The usual advice is three to six months of what you spend. If that sounds like a mountain, start smaller: enough to cover one surprise, like a broken phone or a car repair, then build from there. Lever helps you set a first target and reach it.
Where should I keep my savings?
Somewhere separate from your spending money, so it doesn’t get spent by accident, but easy to reach when you need it. Lever walks you through the different kinds of accounts and what each one is good for.
How do I save when my income changes every month?
Plan around an average month instead of your best one, and set a little aside in the good months to carry you through the slow ones. Lever shows you how, with real examples.
Ready to start saving?
It’s free, and your first lesson takes about two minutes.