October 12th is National Savings Day, a day designated to celebrate the act of saving and share simple ways to polish existing saving habits. Saving money doesn’t need to be difficult, as many people have already perfected the art of saving. Saving money can be fun if you simplify saving automatically as a financial resource for you to use later when you need it. When you’re aware of how to save, budget, and automate savings, you’re well on your way to successfully saving. Here are some tips to get you to start saving:
Tip: Make saving automatic, so you don’t even need to think about it by setting up automatic deposits into a savings account.
A budget is a plan for your monthly income. Often, people like using a budget to help them reach financial freedom without being stressed along the way. Here are a few tips to consider as you create the right budget for you:
Your financial professional can assist you with a plan to save more to meet your financial goals. Contact them today to get started!
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First Fruits Asset Management has been in the financial services profession since 2007. We work together to create a personalized financial plan. We then review and revise the plan as situations and/or goals change over time. Contact us today to learn more about how we can build a partnership with you today.