Not How Much You Make, It’s How Much You Keep

Best Saving Tips…

You may often hear that there are two ways to save: You can spend less and increase what you’re bringing home.

  • I found something that is far more effective – Automatic Saving.
    Some experts would refer to it as paying yourself first and so on…
    – Automatic Saving is simple, yet super effective. When you’re paid at work or for anything, automatically file away a percentage of that in your savings and you’re done. what percentage you put away depends on what you can afford, but even if it were $20, put it away.  It’s funny how we commit to subscriptions, car payment and everything else, but when it comes to putting a little bit away we just don’t do it. Just do that and keep doing it and you’ll be surprised of how much you’ll stash away.
  • This may look daunting but you need a budget, I’m not talking about skipping your lattes, but it’s important to have a good sense of how much money you use monthly. Once you know that number, then you can determine whether it’s enough, not enough or even more than you thought. It’ll help you gauge what you put away, put it away and do not use or touch it. It basically does not exist.
    Listen without a map, you can’t know where you’re going. How would you know how close or how far you are. I’m not asking to pinge pennies, but you need to do an assessment.

I know we are all looking for a magic bullet out there, but there isn’t one. You need to put in the work. The journey is when we’re living because what you’ll find is that the path to your destination is rarely what you thought it’d be and when you get there, it’s almost never what you wish it was. The journey along the way enables you to gain so much more knowledge. Take it. Embrace it…

The main thing that you have to remember is to put something away everytime you are paid.

 




Recommended Posts

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *