This is the day. You’re nine months into the year.
Time flies, doesn’t it?
It’s like that insurance commercial – life comes at you fast. The secret is to attempt to prepare for a variety of things. This includes pushing your regular and automatic savings and making a game out of finding additional savings.
THE 1% PLAN FOR SAVING
Have trouble saving? Use our 1% Plan.
Take your next after-tax paycheck and multiply that total (after-tax) amount by .01. Take that amount of money – OFF THE TOP (before you even pay one bill) – and push it to savings. That’s 1% of your income.
Chances are that you will not miss 1% of your after-tax income.
Each time you get paid after that (or once a month if you wish), add another 1%.
This is a graduated way of boosting savings without shocking your system.
Put your savings in an FDIC-insured institution. Look for higher interest rates. Think of those pennies, dollars, nickels and more as your “employees.” Put ‘em to work.
We’re in September. If you are ready to really get to saving more money, you should use tips and tricks and discoveries to boost savings.
Time is not waiting for you. You can use strategy to overcome short-term barriers to savings.
Check out this blog and our main blog at http://www.stickyasset.com/blog.
SAVE MORE THAN MONEY
In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.
You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.
If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at http://www.middleclassmoney.com.
Thank you for reading our blog and good luck!