How to Achieve Your Savings Goals

How to Achieve Your Savings Goals

Saving is setting money aside for one of the three types of savings: emergency, goal, and irregular expense. No matter the type of savings, how to save is the same. You must define the goal, secure the funding, and accumulate the savings. Define the Goal Like everything in life, saving has to have a purpose. You decide this purpose. By answering the questions of what, when, how, and where you

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What is Saving?

What is Saving?

Saving is to not use something now, intending to use it in the future. In money terms, saving is income not spent or deferred consumption. It’s calculated by taking income minus expenses. So, if monthly income was $2,000 and expenses were $1,800, the savings would be $200. When I think of saving, I think of setting money aside for one of the three types of savings: emergency, goal, and irregular

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How was 2020? It Depends.

How was 2020? It Depends.

How was 2020? Well, I think the answer will be different depending on one’s situation. So it depends. Of all the years I have been alive (27 and counting), 2020 is the year of “It depends” to me. How you feel about 2020 depends on one thing: Control. Coming into 2020 were you in control of your life, money, etc. Did you remain in control throughout 2020? Now, you may

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