Savings strategy

I’m Miriam  Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money

 

M We know that saving money can be challenging, easy to postpone.  Here’s a tip to help– limit your access.

 

V We helped our sons set up savings accounts at a bank, and encouraged them NOT to sign up for  online banking tools even that debt card. This means, YES, they actually had to go into the bank, during banking hours, to get their money out.  Result:  A LOT less likely to withdraw than just swiping a card or typing in an amount and clicking a mouse.

 

M Another is the old time favorite – the change jar.  We all have loose change in our cars, purses, kitchen drawers. Jars fill slowly, but they are still a  great visual- savings– little by little over time.

PODCAST