My Method for Saving pt.2

March 9, 2017 was when I posted part one. I have posted many other blog posts and podcast episodes since then on how to save but part one has been the most popular. Since then, I have tweaked a few things. While writing this post I went back and read that post, I see that I will have to revisit a thing or two. I hope that part two will be as short and to the point as the first.

A lot has changed in 4 years. Mostly everything is digital now. This could make it easier or harder for some people to save. No worries, I hope my suggestions will help you out. First things first,

  • Open a savings account if you don’t have one already. Try to find an account that is high interest yielding (An account that will pay you a higher interest rate than a normal savings account for your money sitting in the bank).
  • Do an evaluation of your finances so that you’ll know realistically how much you can potentially save. (Calculate your income minus your bills, to determine how much is left over)
  • Set a goal. (Try to save $100 for the week, pay period or month)
  • Try doing a money challenge to get your savings ball rolling. (i.e. 52 week money challenge or $5 challenge)
  • Cut out unnecessary spending. (Take a break from coffee shops, fast food restaurants, shopping for a while)
  • Search online for class action lawsuits that may have affected you or unclaimed funds from the Treasury dept. (Once you get the check, put it into your savings account)
  • Fill out surveys or utilize cash back websites when shopping online. (They pay you for referrals also like Rakuten)
  • Redeem your cash back points for cash from your credit cards. (7,000 points could equate $50-$70cash depending on the company)
  • Transfer small amounts into your savings account randomly. (If your account has $443.76, transfer $3.76 or 43.76 into savings. Do that weekly or as often as you check your account.)
  • Use coupons when shopping for necessities (Put the amount you saved into your savings account. If using coupons caused you to save $15.88, put that amount into savings).
  • Put any change that’s laying around the house or in piggy banks/coke bottles (large amounts i.e. $50 worth) into the bank. (Cash them out at the coin machine and deposit the money into your savings account.)
  • Sell old clothes and/or shoes to a consignment shop or online and use the money you made to add to your savings account.
  • Don’t be afraid to ask for monetary gifts for special events instead of gifts. (This unexpected money goes into savings)
  • Use the interest that you’ve earned on your savings account to achieve any additional money goals or to pay down debt.

Saving small is still saving. Don’t despise meager beginnings. These small gestures will create bigger gestures until saving is no longer foreign but a lifestyle for you. Check out my podcast, YouTube channel and other blog posts for even more savings tips.

Listen to the most recent podcast episode here!

Watch Dear Finances part 3 here. Featuring Eric Lewis from the IKG podcast.

Visit sincerelyangiem.com under the budget tab for all things money.

Dear Empath,

Empaths are highly sensitive individuals, who have a keen ability to sense what people around them are thinking and feeling. Psychologists may use the term empath to describe a person that experiences a great deal of empathy, often to the point of taking on the pain of others at their own expense.” – Via Google

Read more on empaths in the article discussed in the episode here.

It only took me 30+ years to find a word that could describe me. Empath was it. It’s not that I needed a label, it just helped me to make sense of the, by some standards, weird ways about myself that I never understood. These ways all make since now and are all actually connected in some weird way. The article listed above described me to a T! If you think you are an empath, just read the article and see if it describes you. I can’t even go deeper into detail because the literal definition describes the depth of it.

Listen to this weeks episode to hear me break it down and ramble a bit here!

The same way I felt after taking the How We Love test from the Dear Childhood episode is how I felt when I saw the meme on what an empath is. A sense of relief came over me. It feels so good to know that there are others out there that can relate.

www.sincerelyangiem.com

Dear New Normal ft. Ken

Who knew that the world, collectively, would be experiencing a new normal at the same dang time? If any year would be the time for massive change, 2020 would be it in my opinion. Is there a new normal or is what the world experiencing just normal? On this podcast episode, Ken and I chat about the state of the world and what our thoughts are moving forward.

I have been on a roller coaster ride of emotions in the last 5 or 6 months. From inspired to bored to sadness then anger and now I’m just pushing through. I am excited for the future although it seems like what’s to come is uncertain, that’s normal though. We aren’t 100% sure of much because like the saying goes, “tell God your plan and He laughs.” One thing I know for sure is that whatever is coming is exactly what I prayed for.

Listen to this episode here!

www.sincerelyangiem.com