Saving: Mind Over Matter

How many people struggle to save? When I was 18 years old, I was not the best at managing my money. I lived paycheck to paycheck. Frankly, I was often broke after a few days and I got paid every week. I remember my friend telling me one day that I could not save money even if my life depended on it. He was probably upset because I always asked him for money. His statement made me realize that I needed to start managing my money better. I also viewed his statement as a challenge. I wanted to prove that I could save.

Saving money is not an easy task and I do not expect people to learn this overnight. A person really has to change their mindset and understand why they are living below their means. For me, I wanted to build a certain level of security and I just liked a good challenge. I find that most arguments in relationships centers around money and I certainly did not want to go down that road.

In the beginning, I started out saving $50 per month and was able to open a savings amount when I had $100. Even though this is not a lot of money, I was proud to have a savings account. I generally average about $2,000 per month in savings now, but it all started with the notion of paying myself first. Yes, you need to get into the mindset of paying yourself first. If you learn anything from this post it should be that. Once you put back whatever number you decide on you can focus on other things. Each month I have a set number I strive for and if I am somehow able to put  more in that is even better.

So, if you want to start on the journey of saving money, you have to get in the right mindset. In the beginning, I would set a small goal and slowly work your way up. Unexpected things will inevitably come up, but if you stay the course and adjust accordingly you will reach your financial goals. Good luck on your journey toward financial independence.  Let me know what you think. I always love hearing about how others started their journey.

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