Are you serious about getting out of debt and building a strong financial future? If so, then you must save money on a regular basis. The best part is you don’t have to begin with much. All you need to do for starters is to save one thousand dollars. That will give you some cushion and breathing space which you can then build on.
Speaking of building, when I worked construction I learned that every building requires a solid foundation. For your financial life, that foundation is savings. Without adequate savings you will struggle to get out of debt and will always be susceptible to emergency situations.
Now I know for most people the process of saving money isn’t a sexy financial move. We’d rather spend money on gadgets or entertainment or experiences that give us an emotional high. Saving money and leaving it in the bank is an emotional blah.
To save one thousand dollars in a month may or may not sound like a daunting task. Some of you may be struggling to pay your basic bills. To save one thousand dollars may as well be like saving one million in your eyes.
But be encouraged. You can save one thousand dollars quickly. In fact, you can do it in only one month. Here’s how.
In addition to earning some money, doing chores around the house is teaching them responsibility. The home is where they should begin to learn basic life skills. When I was in school, I knew some college freshman who couldn’t do their own laundry. All four of my children have been doing their laundry since they were nine.
More than likely, students have figured out
While the stock market is known as the great creator of wealth, it’s not the best investment you can ever make. It’s also not land, rental properties, CDs, bonds, or commodities. None of those will bring the level of return needed to really succeed in your life, in your career and with your finances.