Frugal Living: Simple Tips on How to Spend Less, Save Money and Enjoy Life on a Budget (Financial Freedom, Debt Free, Simplify Life) (Frugal living, Minimalist, Spending Less, Saving Money) by Maxwell Donald

Author:Maxwell, Donald [Maxwell, Donald]
Language: eng
Format: mobi
Published: 2014-12-08T08:00:00+00:00

Chapter 3: Save Money, Plan a future

Saving money might not sound exciting, but it is true that without having proper savings, you cannot really plan for your future. When you plan to retire at 50 and take a yearlong cruise around the world, you will need healthy savings for that. When you plan to send your children to the best college that they can get into, you will need to save money for it. When you dream to buy a summer house at the beach for you and your partner in your last years, you will need to fall back on the money that you have saved in your early days.

Not to mention in case of any medical emergencies, or accidents. What if anything happens to you or your partner, or both of you - wouldn't you rather know that your family will be provided for comfortably, at least financially?

So, yes! Saving money is important to you, and for everyone else! And it's hard too. Saving is possibly harder than spending less, and needs a lot of determination.

Below are a few steps on saving money for yourself and for your family. Instead of tips or advice, I am going to give you some steps that can be followed to a successful saving account.

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