Steps to take today to increase your savings
From the LifeMinute.TV Team
October 12th, 2021
Everyone wants to save more money. But according to one survey, 69% of adult Americans have less than $1,000 in a savings account. To heed National Savings Day on October 12th, here are five ways you can start working to increase your rainy-day fund.
Record Your Fixed Expenses
To get a handle on how much things cost and what you need to maintain them. What’s left is what you have to work with.
Record Entertainment Expenses
To get a feel for how much you’re spending and assess its worth.
Make Sure You Aren’t Overpaying
Clip coupons, wait for sales, try shopping refurbished. Little savings add up.
Do a Life Edit
The fewer things you have, the less you have to maintain, and then you can take stock of what you really need.
Set a Goal
Create a goal of how much you would like to save and the time frame to achieve it. Then sock a little money away each pay period.