Buying your first big item—like a motorbike, laptop, or household appliance—can be exciting, but rushing into purchases can lead to debt. Here's how to prepare.
1. Set a Clear Goal
Define exactly what you want to buy and its cost. Break it down into monthly saving targets.
2. Start Small, Stay Consistent
Even small amounts saved every month can add up. Open a separate savings account or use a budgeting app to track progress.
3. Consider Safe Borrowing
If you need extra funds, a small, short-term loan from a licensed lender like PeraBag can help bridge the gap—but repay promptly to avoid high interest.
4. Compare Alternatives
Before borrowing, explore discounts, installment plans, or group buying options. Sometimes, waiting a few months can save money without taking a loan.
Combining disciplined savings with responsible borrowing lets you achieve your first major purchase without stress or unnecessary debt.
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