Friday, October 5, 2018

Give Savings A Shot

Why does it seem a penny earned is a penny spent? Why is putting your money aside such a drag?

It is. But savings is something best appreciated over the long haul. If you look at your savings all the time to see how they’re coming along – you’re like the kid who pulls up his radishes every week to look at the roots. For quite a while, those roots are gonna look pretty pathetic. Instead, open a number of savings accounts – one for emergencies, one for retirement (even if you’re just 20), and one  for fun stuff. Have goals for each – take pride in meeting those goals. And every so often, spend your entire “fun” account – having fun. It’ll make your long term savings much easier to accomplish. 

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