No, you don’t need a $1,000 to start saving. Five dollars will do just fine. But save. And regularly. Saving is one element of building wealth and creating more income. Saving allows you to create a security net that doesn’t require you to borrow money from family and friends and definitely not a payday loan place.
You become your own ATM. You become your own bank. But in order you need to start saving. And monthly. And yeah, it could be that five dollars you have extra. Put it in the bank. Don’t touch it. Add to it. Keep working. Keeping adding to it. Watch it grow.
And if you, save more. That’s always the goal. The more you save, the more secure you’ll position yourself in case of an emergency. Or… an opportunity.
My goal this week is a little trivial. It’s not overly exciting or empowering or mind blowing. It’s good ol’ fashioned dollars and cents. Literally. I am in pursuit of a new web hosting so I can – like all of us – save money and maintain my earnings.
Which hustle of mine is this affecting?
My notary business. I’ve been using GoDaddy for years. And now they want to raise my $11.99/mo fee to $20.00/mo. Yeah… That’s an extra $96 a year I’m not okay with giving away. My dollars count. I worked hard for every cent I’ve earned, whether it was as an employee or as an “independent contractor”/ small business owner. When I know of an opportunity to save money or try to save money, I’m all over it like white on rice.
Nothing exciting this week. Just some penny pinching. What’s your goal for this week?