3 Tips for Saving

First comes the Budget

THEN comes the Savings! 🤑

If you have a huge income and lots of money at the end of a month, even without planning, then sure, you could probably do saving transfers and not know the difference. 🤷🏽‍♀️

BUT if you are "most people," and the expense-to-income ratio is tight, then making random transfers into savings probably results in frustrations when you end up pulling the money right back out to cover a bill. 😩😔

Budget First. This way, you know how much it is for bills, and you see how much you can put into savings, and it can actually stay there.

As a reminder- saving should come right after your basic fundamental expenses:

Meaning once

Food, transportation, housing, insurance, and for me(tithe) is accounted for, then savings comes next.

It must be a top priority.🥇

What happens If you have too many priorities or just a few really expensive ones and still no money to save?? That means you have an income challenge, and we need to find ways to increase your income or reduce priority spending.

💰Aim for $1,500 as quickly as you can get it. Then we can shift our focus elsewhere.

If you need help with your budget, I'm always here.

@jadewarshaw