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Ways to Save Money – 5 Steps to Saving NOW!

Saving money is HARD!

You know what I’m talking about. How can anyone save money with so many bills!

There are many ways to save money. I mean, when it comes down to it, you can just put money in a sock right? It can be as simple as that.

But how do you get started? How can you save a lot?

To answer these questions, I have 5 simple steps to save money that you can start implementing as soon as you finish reading this.

— Step 1: Make up your mind to do it —

Just decide you’re going and don’t let anyone get in your way, okay? I’m serious here! Get messy, get crazy, start saving! Just like getting out of debt, the way to save a lot of money is to DECIDE to go for it.

— Step 2: Set a goal and a reason —

Decide how much you will save and WHY you will save and write these things down on paper.

If you want $100, set a goal of $100. Determine why you want to keep this amount. You need a reason. If you want to save a lot you MUST have a goal and a reason.

— Step 3: Decide on a completion date —

Do you need tires for the car in 3 months? Got a birthday or holiday coming up? Whatever the reason for saving, when do you need it?

Either the date when you need it is already decided or you need to decide when you want it. If you want to save big, write down that date and aim for it.

— Step 4: What does it cost? —

Think about what it costs you each paycheck. If you want that $100 in 3 months, divide by how much the paychecks are between now and then. Write that number down.

— Step 5: Execute your plan —

When your next paycheck comes, take the money from it that you have already saved and put that amount in a sock, savings account, whatever and save it until the date you wrote.

If you get halfway, celebrate with a pat on the back! Now that you know you can get the middle of the road, you KNOW you can get the rest of the way.

The steps are the same no matter how big or small your goal is.

If you’ve never done it before, start with a small amount to see how it works. Also, keep the completion time short.

Once you’ve finished reading this, decide to get started. Stop procrastinating, follow these steps and start saving TODAY!

Wishing you a debt free life!

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