Ep. 88 - SAVINGS - THE POWER, THE REASONS AND THE IMPORTANCE OF SAVINGS

25/12/2022 37 min Temporada 1 Episodio 88
Ep. 88 - SAVINGS - THE POWER, THE REASONS AND THE IMPORTANCE OF SAVINGS

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Episode Synopsis

Send us a textHow many times have you wished you had more money saved? If you're like most people, the answer is likely "many." But what's stopping you from developing a savings habit?🟦 Join me tomorrow at 5:00pm PST; I will explore the power of savings and provide tips on how to start building your own rainy-day fund and share inspiration and advice on how to get started. Don’t miss it!!Here are some HIGHLIGHTS from this episode.00:32 World Savings Day05:44 What is savings?08:00 Why are we not saving? Reason 1.09:06 Why are we not saving? Reason 2.09:48 Why is saving money so powerful?11:22 Seven reasons confirming why saving money is important.14:38 Tips to get you started with your savings. 15:12 Make a budget and automate your savings.15:48 Live below your means and limit how much you use your credit cards.16:22 What's up with your saving habits?17:20 Saving happens only when….19:13 Savings foster freedom.20:14 Savings promote financial maturity.21:11 The advent of credit cards.22:04 Savings offer Peace of Mind and financial security.24:37 The benefits of savings and investing.25:15 What does it mean to have your money work for you? Step 1.26:06 What does it mean to have your money work for you? Step 2.28:56 The magic of compounding30:52 Why do so many people neglect to develop savings habits early on?32:58 As I see it34:53 Quote of the showConnect with me on mariejocaesar.com Join my Facebook group financeconversations.comSupport the showConnect with me:Instagram: https://www.instagram.com/the_financiologist_mjcaesar/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/channel/UCDOmx_ThReq0hAC3acvMQ9gTwitter: https://www.twitter.com/https://twitter.com/mariejocaesarLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fp-quiz to take the "What's Your Financial Personality Type” Quiz, so you can transform your financial identity and create Financial Freedom. Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.

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