It seems like wherever you turn people are talking about saving money, but when you feel like you are living paycheck to paycheck, how do you start saving for your future?
First of all, if you company offers a 401(k) plan enroll in it and if they match that is an extra bonus.
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| Image by 401(K) 2013 |
Another habit to develop is pay yourself first ~ not sure where to start? Try the 52 Week Money Challenge where you put $1 in a jar the first week, $2 in the second week and so on. If you maintain this self-discipline by the end of the challenge you will have saved $1,378.00 ~ just think what you could do with that extra money. By getting in the habit of paying yourself first, you will:
- Create sound financial habits
- Build your nest egg
- Establish a strong mental mindset when it comes to financial empowerment
For more idea to saving your money check out Martha Stewart’s tips and make a plan to be free of credit card debit.
What are some of your money saving tips?
