Okay, y’all. I have been talking to you about tips for getting your kids saving, but what about you. Do you need a little help learning how to get your saving game going? If you are whispering yes, please don’t. There is absolutely no shame in this! Regardless of where you are in your savings goals, you are WANTING to change it up and that is awesome!
So, where to begin? Well, my friends! I can help, I have put together a little of tips for beginners that just may help.
Savings Tips for Beginners
- Start Small. It doesn’t matter how much you start saving, the point is that you are starting. Start with 5% of your paycheck, or 10% if you can dedicate that much to your savings goals. The sooner you start, the sooner you will start getting more and more excited to grow that number.
- Wants vs. Needs. I cannot stress this enough. YOU NEED TO UNDERSTAND THE DIFFERENCE BETWEEN WANTS AND NEEDS. As an adult, you need to realize that you simply cannot get everything that you want, but you need to save for the stuff that you need.
- Learn how to set a budget. Do you know how to set a budget? If you said no, then it is time to learn. We have posts right here and this website, or you can do a google search on setting up a budget to learn. I promise it will help you.
- Cut out unnecessary expenses. Cut the cord, make coffee at home, no more eating out..you’ve heard all of these tips. The reason that you hear them all the time! It’s because they work! That is right! These are all unnecessary expenses that your wallet will thank you for once you cut them out. So, are you ready?
So what do you think? Can you start with these tips?
