![]() ![]() Shannon encourages everyone to find a goal that they are passionate about and then create a budget and a plan that will allow you to achieve that goal. You’ll begin to notice big and small changes that can be made to improve your budget. Don’t be afraid to log into your account a few times a week. Sometimes, this is simply being disengaged from your finances and even your bank account. So many people are uninterested in really breaking down their finances, but continue to overspend and wonder where it all went. ![]() Having a separate account designated for these funds makes it simple to know exactly how much you can spend at the grocery store or if you have enough money to go out to eat.īe engaged with your spending. Have separate savings account for every financial category of your life: rent, vacations, groceries, etc. We asked Shannon to share a few of her tips with our community: While they are putting all they can into a down payment fund, they are continuing to contribute to other accounts that will allow them to enjoy doing the things they did before building a new home. Having everything categorized makes it easier for them to stay on budget. They have 14+ savings accounts! They chose this method because it's what works for their family. Shannon and her husband have been saving to build a new home and are finally starting construction this month! Their goal is to put down 20-30% so that they can continue their current lifestyle and have a similar housing payment as they have now.Īs they prepare to become homeowners, they’ve adapted the envelope strategy to fit their rather unique needs. That's why we chose Shannon as our Saver of the Month! Her approach to saving for her family’s dream home is a great example of how #ThinkingLikeASaver can look different for everyone but has great payoffs and rewards. Putting your goals at the forefront of your savings journey makes it easier to visualize and focus on what you're saving for. America Saves believes that saving money starts when you set a goal and make a plan to reach it. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |