1. Save Today. Safe Tomorrow
By Kelvin Kizito Kiyingi
March 2015
A Presentation made at the C.N.
Kikonyongo Money Museum, Bank of
Uganda, Global Money Week, Kampala.

2. Outline
 Money
 Pillars of Money Literacy
 Creating a Personal Savings Plan
 Detailed Savings Discussion
Control: Living Within Your Means
 Key Ideas About Money
 Conclusion
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3. Money: Extremely Crucial in Life
• Key Lesson: It is very important in life. When you are young money is bad;
source of all evil. It is how you use it that determines whether it is good or evil.
Most important decisions in life about money
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4. Pillars of Money
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5. Guiding Principles for Saving Money
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Key lesson: Have a deliberate plan to save money, for example, by saving a
percentage of your income. A saving plan will help you reduce on your expenditure,
by first ‘cutting’ on the non-essentials.
1
• Set Your Savings Goals
2
• Make Room in Your Budget
3
• Decide Your Priorities
4
• Automate and Manage Your Savings

6. Set Savings Goals
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• Identifying objectives for saving will help you
get started. You need to have a timeline for
each of your savings objectives.
• Key Lesson: Goals give motivate to save, they give you a purpose to
save, especially when you celebrate after you have achieved them.

7. Record Your Expenses & Make a Budget
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• Recording all your expenses will help you
know how much you spend.
• Key Lesson: Tracking your expenses enables you to budget for your
savings and limit over-spending.

8. Priorities & Right Savings Strategy
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• Deciding your priorities will be help you choose the appropriate savings strategy.
Some goals are easier to achieve; others are short-term whereas some might be long-
term.
• Key Lesson: A scale of preference will enable you rank your savings goals in order of
priority. You will choose savings strategies accordingly.

9. Manage Your Savings
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• Check your savings status periodically.
• Key Lesson: Tracking your savings can be a source of inspiration, especially if you
become a habitual saver. You could even end up saving more.

10. Behaviour & Attitude: Crucial for Success
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Behaviour and attitude help to anchor expectations, to influence perceptions and
the ability to achieve
• Control your money
• Increase Earnings or
Reduce Expenses
•controlling inflation
•The key to effectiveness lies
influencing private sector
expectations
Goals
• Positive Thinking
• What man has done, man
can do
• Do not quit
Behaviour & Faith
• Expectations have to be
linked to your objectives
• Expectations influence
perception & degree of
achieving your savings
goals
Expectations

11. Control: Living Within Means
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The Tools
Planning
Save and Don’t touch
your savings
Make Saving a Habit
Be informed/Read good
books/Internet
Borrowing/Loans
Make
Spending less
a habit
Set up an Emergency Fund
Record/Track your income
and expenditure

12. Key Ideas About Money
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Money Menu Need Vs. Want
Wealth
Consciousness
Human
Relations
Hard Work
Understanding
the money
system

13. Conclusion
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 Self-discipline & Self-Control: Budget, Priorities, Savings Plan, Manage Your
Savings, Living Within Your Means
 Avoid unnecessary expenditure by distinguishing between needs and wants
 Aiming to spend less always, review all your expenses periodically
Malachi 3: 8-10
Ezekiel 44:30
Proverbs 11:24
Proverbs 28:27

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Thank You!
Any questions
please?