How are you saving money?
The big question, what are you doing to save money? Some of us aren’t even focusing on the future, only the present. Is this the right way to be thinking? The answer is no, before we know it the future is here and we are still working full-time at 75 years old.
When we are young it is hard to imagine that one day we will wake up and we won’t have the time we always thought we did. Preparing for the future is in your best interest, saving money today is going to make it easier as you grow older.
Most American’s do not even have $500 saved in case of an emergency. We cannot predict the future, and emergencies happen everyday. You need 4 new tires for your car to be able to commute to work the next day, are you able to do that or do you have to use your credit card?
Below are some tips on how you can start saving money today:
- Coupons
- Sell what you don’t need online
- Get rid of your cable bill
- Stop impulse buying
- Downsize
- Stop buying name-brand products
- Track your spending on an app
- Pack your lunch
- Buy in bulk
You can save money, you just need to start being money conscious. Keep money on your mind throughout your day and you will make better decisions on what you are spending. Know that your goal is to save money, make small adjustments and you will be able to save the money you have always dreamed of.
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