Saving money,your first priority

Hard times call for hard measures. A lot of us in this climate are struggling and here I am talking to you today about saving money. Putting money aside for a lot of people is a luxury. You shouldn't think of it like that at all. Putting money into a savings account is a smart move.

Hopefully you already have a good budget plan in place. If you don't have saving money on the plan then amend it now. You should be saying that one of your expenses on your list is paying yourself. Doesn't matter if it is as little as $5 a week. It is a starting point and one you can slowly work on and increase over time. Increase it by just $2 is still an increase. If you slowly put a little extra in, you maybe won't notice it too much. Start off real high and it won't last and you will be dipping into it in no time.

Think about all the reasons why you should be saving money... Christmas, birthdays, even things like a yearly subscription to pay for like the car warrant of fitness and if something is wrong with the car, where would the money come from to pay for the repairs? Wanting a holiday? How are you going to pay for it? Take out a loan? Are you serious?? Can't afford it, then don't do it. Tough talk but it worked for me. I put money away every fortnight for a year and was able to have a great holiday away for several weeks and it was all paid for from my savings account.

Paying yourself shouldn't be a once every other payday thing. Pay yourself first. Make it a priority and if need be, open an account separate to your main Bank or make a joint account with a family member that won't let you just dip into the account whenever you feel like it.

Don't have all the flash things at home that everybody else has? Too bad, material things can come and go. You have something tangible. You are making money for yourself, earning interest rather than paying interest. You will be better off in the long run. Make yourself a goal. Put a total sum in your head and aim for that amount. Once you get there, move the goal posts further back. Not too far that you think you will never get there though!! Just keep up the saving and slowly increase it and be proud of what you have accomplished and look to double the amount, triple the amount. The possibilities are endless.

Good luck.

Wendy.

http://www.financialdosanddonts.webs.com

Money,what is it Good for?

It is always believed that money is the root of all evils. Yes, it could be but it is not all-true. We need money for our needs. If used well, it is the greatest material asset you could have. But, if you let yourself get carried away with the things and the services money could afford without proper use would result to negative outcomes.

Money could be an angel and save you from worries and give you a life of comfort and of convenience.

On the other hand, it could lead to a worse situation:

• Money could be the source of the guts to be into gambling and other forms of vicious activities. This would further result to even worse outcomes.

• With money, materialism is also growing. Too much of it would be very negative in effect.

• People gets too reliant on money and laziness or tardiness are triggered. This of course plunges down the dignity of work.

• Money is the cause of selfishness and greed for most modern-day people. With the wrong perception that money would make one feel happy and secured, people do all means to covet it.

• Relationships are broken due to the disagreement in money matters. Feuds blow up when money is at stake.

• Money in form of prizes, people tend to rely on their luck by joining games of luck and become too impatient of working hard.

• Fraud in the government like corruption rooted from the influence of money.

As we see it, it is not money that is evil. How people see and consider money is what matters most. Through time, money has become the wrong core of lives people have. Due to such, misery wraps the world and it all falls back to the fact that majority of people around the globe has the thinking that money buys all and money influences all.

In a shallow look, these are true but beneath the materialistic worldly eyes, there are things that money could buy and the things that are of huge essence are not necessarily things.

Steve Hoffmann is an expert author of many subjects, specialising in home business building an wealth creation. http://TotallWealth.com

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