Ep. 88 - SAVINGS - THE POWER, THE REASONS AND THE IMPORTANCE OF SAVINGS

Send us Fan MailHow many times have you wished you had more money saved? If you're like most people, the answer is likely "many." But what's stopping you from developing a savings habit?🟦 Join me tomorrow at 5:00pm PST; I will explore the power of savings and provide tips on how to start building your own rainy-day fund and share inspiration and advice on how to get started. Don’t miss it!!Here are some HIGHLIGHTS from this episode.00:32 World Savings Day05:44 What is savings?08:00 Why are we not saving? Reason 1.09:06 Why are we not saving? Reason 2.09:48 Why is saving money so powerful?11:22 Seven reasons confirming why saving money is important.14:38 Tips to get you started with your savings. 15:12 Make a budget and automate your savings.15:48 Live below your means and limit how much you use your credit cards.16:22 What's up with your saving habits?17:20 Saving happens only when….19:13 Savings foster freedom.20:14 Savings promote financial maturity.21:11 The advent of credit cards.22:04 Savings offer Peace of Mind and financial security.24:37 The benefits of savings and investing.25:15 What does it mean to have your money work for you? Step 1.26:06 What does it mean to have your money work for you? Step 2.28:56 The magic of compounding30:52 Why do so many people neglect to develop savings habits early on?32:58 As I see it34:53 Quote of the showConnect with me on mariejocaesar.com Join my Facebook group financeconversations.comSupport the showConnect with me:Instagram: https://www.instagram.com/thefinanciologist/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/@merginglifeandmoneyLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fmtq/take-the-quiz to take the "Discover Your Financial Mindset Type” Quiz, so you can start taking control of your financial destiny and transform your financial identity.Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.