Whether our income is big or small we need to learn how to save money. Otherwise, our hard-earned money will just disappear like a burst bubble. Of course, we don't want that to happen. We don’t want to look back one day and realize we have nothing saved after decades of dedication to a job.
There are many people who are discouraged from saving because they say they only earn a little and it is just enough to pay bills and expenses. There are people who have quite a lot of money and love to buy things, but they end up runing out of money immediately and are unable to save. My point here is that our income is not the basis for saving money. It begins with our mindset.
As the old saying goes, where there’s a will there’s a way. If we want to achieve something, there is always a way to achieve it. Saving money doesn't have to be big or fancy right away. We just need to start and be consistent in saving. Even if we only save a little every month, it will grow over the years and mature, just as a large oak tree starts from a little acorn.
The beginning of our journey is often the most challenging of everything we want to achieve. We just need the courage to start and put effort into it to continue to grow.
We should find inspiration while saving. Something that motivates us to be consistent until we reach our goal. We will persevere more if we have something dedicated to everything we do. I have two kids and they are the main reason why I save money.
I think about their future and I want them to be given the best education as much as possible and to be able to provide them with everything they need. I grew up in a poor family and I know how hard it is to be poor. I don't want my children to experience that situation so I'm trying to earn and save.
One of the reasons why I save is because we get older and we have no control over that. The day will come when we will no longer be able to work. They say if you are prepared you will not be afraid. So if you have saved something in the bank even if you cannot work due to old age or any reason, you will not be a burden to your children in the future. Let's always remember that we should be the ones to help our children to progress in life and not be a burden on them.
The day will come when they will also form their family. And isn't it a great reward to see them financially stable? For me, the happiest thing that will happen when I get older is when I see them happy and stable in life and not experience the hardships I suffered. That's why I set an example for them so that they have a guide when they have a family.
Saving money is like planting a seed. First, we have to take an effort to find good ground where we can plant the seed. You must know what fruit you want to plant instead of just planting a collection of random seeds. If the ground where we put the plant is not good, the plant will not grow properly.
That means that we need to find a bank where we can grow our money. There are many banks that don't care about our hard-earned money. They’re happy as long as they make money from other people's money and hard work. So, it is very important that you find a bank that will help you grow your money.
We should also have a vision of what will happen to our savings in the future. Consider making a vision board like perhaps you’ve seen on Pinterest. Vision boards are a fantastic way to start visualizing your goals and inspiring you to work towards them. We can't start without a goal. And then we need to have a plan of action to implement our goals. If you want to learn how to make a vision board then check out this great how-to guide.
Next, we have to make an effort to dig up the soil to plant the seed. This is our effort to open a savings account. No matter what we do to save, if we don't have a savings account or investment account to put the money, we’ll end up spending our savings. So, if you don't have a savings account, I suggest opening one now.
Finally,, after planting the seed, we need to make a consistent effort to water it so it doesn't die. We need to set the goal of being consistent in saving money month after month. It doesn't have to be big, but just the right stretch goal that leaves something for our expenses and bills. Even if it's just little by little, it will eventually grow. If you stop saving after you open a savings account, then you will possibly lose the desire to achieve your goal.
After a lot of patience and consistent effort in raising your little seed, the day will come when we will taste its fruit (imagine eating your favorite fruit on a hot summer day). This is what we look forward to the most, the time. When we taste the fruit of our hard work.
The day will come when we can tell ourselves that all the effort we put into saving is worth it. And the good thing about this is that it is not only us who will benefit but our future children.
There is only one possible reason why we save money. It is to have a convenient and comfortable life in the future. Isn't it nice to think that even before we leave this world, we can pass on some comfort to our children or a possible legacy? I know that money is not the most important thing our children will inherit from us. But whether we admit it or not, in this day and age, you have an advantage if you have money in the bank.
Money can’t buy you happiness. But, it can buy you time with your loved ones. And spending time with loved ones typically results in happy moments.
Start saving now. It’s easy to become complacent and not realize how quickly time passes by. It doesn't matter if we save a large or small amount. Our consistent efforts will eventually pay off no matter our circumstances.