This site is all about saving, budgeting and in general taking charge of your money. But saving is hard and requires you to make sacrifices. Is it really worth the effort? You might think that it’s silly to work so hard and then not spend your money; surely that’s why you work and earn money in the first place!
Well, to start with, you need to find balance as you do need to enjoy life and spend money on things that can bring you joy. You need to spend time with loved ones and have fun. There is an old saying “all work and no play makes Jack a dull boy”. We don’t want to become dull (and possibly cantankerous) simply because we focus so hard on saving that we forget how to live. To help you find this balance you definitely need to create a budget and a plan.
There is of course the concept of “living for today and enjoying each day to its fullest” but at the same time we need to look at “the bigger picture”. Saving is your tool to reach your goals and dreams. This is something that is completely in your control and the amount you save, the goals you make and the success is all up to you!
Many people feel that they simply don’t earn enough in order to reach any goals and thus don’t even bother trying. If you seriously look at what you earn and what you spend, you may find that there is actually more than you think. Unless you can find a way to earn more money, you should certainly be looking at where your money is disappearing to.
Here are some reasons why you should save (make your own list of keywords to get you started).
- Better retirement plan
- Less stress knowing that you have some money saved in the bank
- A debt-free (thus stress free) life
- Your children’s education
- Your dream trip overseas
- Your health (being able to afford better choices)
Why not start right away with your first goal?