How do you Save Money?

I was speaking with some of my friends on how they manage their money. I met a lot of them asking the same thing. They were keeping the unspent money from their salary in their savings bank account where they receive their salary. With every one of them, I found that this is the legitimate way of increasing their money for various purposes. Every day, I was opposed to this kind of saving method. 

Time and again, the problem is found to be lack of information on the availability of alternative saving schemes and investments. Researching on the subject, I found alarming statistics of countries with greater developments in the field. For example, it was found that a high percentage of people are informed about the existence of financial products by accident, not because they were looking for them.

Assuming that every one of us function in the same way, we are missing out on great opportunities to make our money work for us, thinking that our savings will generate even more wealth. Now, my opposition to the use of the account where you get your income to save is basically from two sources, namely, security and cost. My first point is always the risk that people having their savings in one account are exposed. 

Typically, the account where we receive our savings is linked to the debit card which we use every day. Any situation that exposes us to someone misusing our card like cloning, robbing, etc. will open the doors to an outsider to take our savings that we have worked so hard to earn. The simplest solution: open a second savings account linked to a second debit card and transfer the funds you decide to save. This second card should stay somewhere safe and you should not take it with you always.