Couple Money Podcast

How to Save More Than Half Your Income

Informações:

Synopsis

Looking to hit your money goals faster? Today we’ll share one couple’s best tips that allowed them to save half their income!  How to Save More Than Half Your Income Did you know that ‘saving more’ was one of the top three goals for finances for 2022? Actually as I’ve been reviewing the data from Fidelity’s Financial Resolutions Study, I’ve noticed it’s been there for several years.  Understandably so because there are plenty of goals families are saving up for.  You have specific goals: an emergency fund, vacations, down payment for a home or money to start a business. You could be stashing away money towards your 401(k) or IRA so you can have something for retirement. Or you want to help out your kids with college or wedding expenses.  Wait, maybe 50% isn’t enough.  Sometimes it does feel that way.  Hopefully it does highlight why it’s so important for all of us to get into the habit of saving.  The good news is all this month we’re going to examine different stories and ways you can not only save mon