For some people stashing away money can be a breeze, while for others attempting to save money can feel like pulling your own teeth. This became evident as I saw others around me who are equipped with the knowledge to improve their financial circumstances but fail to carry out the steps necessary to accumulate savings. If you are someone that feels saving is a daunting task. I’m here to tell you it is not.
It’s new year resolution time again. Social media timelines are becoming flooded with statuses pertaining to making 2018 the best year ever, leaving old habits in the past, “new year, new me”, blah, blah, blah. I think you get the point. But I have yet to see any posts include real actionable steps that will lead to an improved upcoming year. Making financial improvements is a sure fire way to make the most of 2018. Below are five habits that must be adopted next year if you have yet to develop them by 2017’s end.
First off let me apologize for falling off the wagon over the last week. It was the first week since this blog’s inception that I did not produce any new content. I have been ridiculously busy getting one of my rental units ready for rent. But anyway I wanted to share some different ways to boost savings. Saving is often discussed but how often do we talk about different ways to go about doing so. It can turn out to be quite fun depending on the strategy used. So enough of the filler, continue on to find out three ways to boost your savings.
Some arguments stand the test of time. “What came first, the chicken or the egg?”. “Paper or plastic?”. “Do you prefer cats or dog?”. I know these have zero to do with personal finances but you can add one more argument to the list. The point I’m trying to get across is I believe the question of paying down debt versus building savings will become a long-standing debate.
The month of August is here and in full swing. That means that we are now a full week into this final month of summer. The #Brokechallenge has garnered good support in only it’s first week. As a result of this support, I wanted to give an update on my results thus far in the hope of gaining more people that join in on the movement.