B
Brandy H.
How has ur saving began this new year ?
Money 101
Community
About
Help
Welcome to SaverLife
How has ur saving began this new year ?
Slow and steady.
Consistent.
.
Just a note that there is a lot of info (and many topics like this) in the "Saving" forum as opposed to this forum which is dedicated to "Investing."
I hope and plan on opening a savings account
Slowly but it's getting bigger which is the goal.
Savings is always a good thing. Save for 3-6 months of emergency fund.
I'm saving bi-weekly as I get paid. Still building on my 3-6 month emergency fund.
I am saving about 150 a week to put away for my emergency fund. You never know when you will need to pay something high in a bill.
Save
Once you have 6 to 12 months of living expenses plus a bit more in an unexpected emergency fund you should really start to invest. Savings serve as a safety cushion. Wealth comes from investing.
Saving is difficult with so many everyday expenses. Best way to save it to automate it from checking account to savings account, be it $10.00 per pay check. it becomes $260 at the end of the year without even knowing it.
Saving is difficult with so many everyday expenses. Best way to save it to automate it from checking account to savings account, be it $10.00 per pay check. it becomes $260 at the end of the year without even knowing it.
This is SO true, @Anuradha! Saving even a bit every paycheck really does add up in the long run. Set it and forget it!
–SaverLife Moderator Team
I agree saving something each pay adds up.
How to save when it comes to money
a little everyday adds up
Saving is almost impossible with 4 kids one a teenager
Find places where you can make some extra income and save this in a savings account or in mutual funds.