Financial Series 1

Savings

So many of us have trouble with keeping a savings stash or account. Start Simple $10.00 Every Pay Check.  Starting now!

In the past few years we have gone through all of our savings for 1 thing or the other.  That's what it's for: unexpected auto repairs, major appliance replacement, moving expenses.

Savings is not for:

A new purse or a new toy.

Is it a Need or a Want?

"I need TP."

"I want nail polish."

How can you justify that frivolous purchase?  YOU CAN'T!

Put it back.  Teach your kids the Need/Want Rule!  Start the budgeting conversation with them.

No one needs instant gratification, but we always want it!  Try not to live in the moment all the time. That is how so many people end up in such financial hardship. Remember that the credit card should be for emergencies only!! No, the night out isn't an emergency! :)

Saving while shopping

Sign up for Store Rewards Cards.  Remember to use them!

Make sure you are using a junk email you have already set up.

Use your Couponing skills.  Don't fall into the "I have a coupon for it so I need to buy it" trap.

Coupons stretch your food budget.  It is never meant to make money only save.

 Need or Want?

Here are some types of savings ideas you can do:

The Envelope System

https://www.pinterest.com/pin/159244536801687379/


A Cash Stash

Created By me on the fly.
Get your circle punches, adhesive, paper, scissors, & your imagination out for this one.



If you need the Coin hole top for your Mason Jar, you can find it here.

http://www.amazon.com/Loew-Cornell-1026304-Transform-Inserts-Slotted/dp/B00KC0KV2A/ref=sr_1_1?ie=UTF8&qid=1453680362&sr=8-1&keywords=transform+mason+jar+lids

Thanks for stopping by!

Shelley

*Disclaimer  I was not compensated in any way.  These are just Tips!

Editor: Alyssa Johnson-Glassel  AKA 2 Dainty Crafters