I’m having a hard time saving money. Do you have any practical advice for saving when you have an average income?
One thing I’ve learned over the years is that people only start saving money when they learn healthy money habits—like living on a written, monthly budget—and let their future needs become more important than their current wants. What I’m saying here is it will only happen when you make saving a priority.
Everything doesn’t have to magically line up before you start saving, and there are plenty of easy, practical ways to save money and breathe a little extra air into your finances. The biggest one is by saying goodbye to debt. Monthly payments are the biggest drain I can think of when it comes to saving money, because debt robs you of your income.