Saving

Started by Brandy H.
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TD

Tony D.

Just a note that there is a lot of info (and many topics like this) in the "Saving" forum as opposed to this forum which is dedicated to "Investing."

AW

Anna W.

Savings is always a good thing. Save for 3-6 months of emergency fund.

SI

Sheryl I.

I'm saving bi-weekly as I get paid. Still building on my 3-6 month emergency fund.

Deleted user

I am saving about 150 a week to put away for my emergency fund. You never know when you will need to pay something high in a bill.

TD

Tony D.

Once you have 6 to 12 months of living expenses plus a bit more in an unexpected emergency fund you should really start to invest. Savings serve as a safety cushion. Wealth comes from investing.

AG

Anuradha G.

Saving is difficult with so many everyday expenses. Best way to save it to automate it from checking account to savings account, be it $10.00 per pay check. it becomes $260 at the end of the year without even knowing it.

ST

SaverLife Moderator T.

Saving is difficult with so many everyday expenses. Best way to save it to automate it from checking account to savings account, be it $10.00 per pay check. it becomes $260 at the end of the year without even knowing it.

This is SO true, @Anuradha! Saving even a bit every paycheck really does add up in the long run. Set it and forget it!

–SaverLife Moderator Team

CC

Caitlyn C.

Saving is almost impossible with 4 kids one a teenager

MM

Manuel M.

Find places where you can make some extra income and save this in a savings account or in mutual funds.

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