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Posted by on Dec 9, 2015 in Savings Advice, Shopping | 0 comments

How to Start Saving Even When You Feel Like You Need to Spend Every Dime

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We are all tempted to spend, everyday. Even when what we really need to be doing is saving. And temptation to spend is all around us, from the Internet to TV to clothing and grocery stores. It doesn’t matter where you are or what you’re doing there’s usually some sort of advertisement telling you to buy something.

But there’s still hope. 

With a little discipline, you can create a simple strategy to save on a daily basis, leading to a bigger bank account and fatter wallet. Here’s an article we found to get you started!

Here’s an eye-opening fact: Nearly half of Americans have NO money in their savings accounts. If they even have a savings account at all! A recent survey conducted by GoBankingRates found that 28 percent of Americans have nothing in a savings account, and 21 percent don’t even HAVE a savings account.

Yikes! Clearly, this is not a good strategy if you have a family, a mortgage, a car … you get the hint. It’s also not wise in the event that you ever lose your job or find yourself in a dire emergency.

We all know that having extra cash at hand is imperative. But we get it — it’s hard to save when your expenses equal exactly every last dime from every last paycheck. But you don’t have to stash away hundreds or even thousands at a time to make an impact.

Here, four tips that you can implement even when your bank account is at its lowest balance.

Read the full story at The Stir

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