A simple way to start saving for your future

The global economy is shifting faster than ever, making savings a vital part of financial security.

Yet, for many in Bangladesh, rising living costs and inflation mean that saving money often feels like a luxury rather than a habit. After paying for groceries, rent, school fees, and other daily necessities, most households are left with little to set aside for the future.

This is where the idea of automated saving becomes a game-changer. Research in behavioural finance shows that people save more effectively when the process is automatic. With tools like mobile banking and fintech apps, money can now be set aside before we even think of spending it, helping individuals build financial discipline with ease and consistency.

Traditionally, people have relied on a variety of saving methods such as Deposit Pension Schemes (DPS), mutual funds, bonds, and stocks. These options have long been part of financial planning, offering different levels of commitment and returns. While some are designed for long-term stability, others appeal to those seeking higher growth. The choice often depends on individual goals, financial capacity, and the stage of life one is in.

In my opinion, one of the smartest and most reliable ways to save money is through gold. Often referred to as a 'safe haven', gold has remained one of the most trusted ways of saving and preserving wealth across generations. Acting as a dependable hedge during periods of inflation, economic uncertainty, and geopolitical tension, it has consistently maintained its value. In many families, it is passed down from one generation to the next, in the form of jewellery, not only as part of cultural tradition, but also as a safeguard of financial security and stability.

Now-a-days, there are apps which combine automated saving method with gold savings and allow people, especially the young adults and individuals with limited income, to access the lucrativeness of gold investment and savings, through an automated and convenient way. One such app is Gold Kinen which allows people to start saving from as low as BDT 1000.

With this automated saving method, users can set aside small amounts to save gold on a regular basis, and even before completing the plan, if needed, users can collect the gold in the form of bars (0.5g) and coins. This creates an accessible pathway to gradually build savings and wealth. In addition, when gold investment blends into automated saving method, people have the advantage of securing a hedge against inflation, in a more hassle-free way.

Today, when even thinking about saving appears to be more and more of a challenge, maybe the solution isn't just opting for a high-risk option or simply waiting until we earn more. It's more about creating small and consistent habits. In an economy where traditional savings methods struggle to keep pace with inflation, automated gold savings offers a practical path toward building wealth that works with your lifestyle, not against it. Your future self will thank you for starting today, one small step at a time.