Why do you want to save money? There must be a reason you want to. Really knowing WHY will help keep you motivated and on track. This really is the first real step. Figure yours out, and you are a step closer. Some reasons people desire to save:
- A large purchase, something special
- Down payment for a home
- Vacation or cruise
- To stop being broke all the time
- Business start-up
- Home Improvements
- Pay off debt
- Wedding or honeymoon
- and many more
For us, I was sick and tired of seeing my wonderful husband going to work everyday with nothing to show for it, but debt. We were making bad choices with our money and getting deeper and deeper in debt every month.
Now we are saving to:
- Build up some emergency cash
- Buy a second car (Honey uses mine since his broken down 1 1/2 years ago)
- Get a house one day
So, once you really get your reasons all figured out, you’ll be good to keep moving forward. Please don’t skip this step if you really want to save money, it may seem silly, but will help in the long run.