Many years ago, I was really good at saving. Now I hope my kids do not think I am blaming them, but once my precious ones came along, saving become much harder to do. I used to be one who could not save a dime, maybe not a dime, but not a dollar. (Not kidding). I was horrible.
I decided that I wanted to become a good contributor to my savings. I came up with an idea where I would allow me to trick myself into saving. I would go to bank every week or every other and get $20 worth of quarters or $20 worth of $2.00 bills. That method worked so well for me that after I had saved about $800 on just quarters and $2.00 bills I moved to Florida, and I still today follow that trick with saving.
I have a group of friends that I have been encouraging to save by emailing them every week a 52-week saving plan. I try to motivate and help them realize the importance of saving by adding a little inspiration to each email.
Six Financial Principles to Remember:
- Wealthy women can transform the world.
- Planning today avoids headaches tomorrow.
- Your money needs meaning.
- Partners who save together stay together.
- You don’t ask, you don’t get.
- A little guidance with savings goes a long way.
Hopefully this will help inspire someone to contribute to their savings plan and make their future a brighter one.