Budgeting 101: Why Saving is So Important

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Saving money is very important.
Next to tithing, saving should be the next most important item in your budget.
Also, like tithing, your goal should be to save 10% of your income.
It must be at the top. If savings is at the bottom of your budget then all it gets, or all you get, is what’s leftover, if anything at all.

Why is saving so important?

Savings is like preventative care.
Savings is Murphy repellant.
Saving prepares you for emergencies.
Savings keeps you from having to use credit cards.
Saving gives you freedom.
Saving keeps you out of debt or from from getting further in debt.
Saving gives you peace of mind.

Saving must be a priority. After giving back to God, pay yourself first.
10% of your income adds up quickly. You will be surprised how much money you can have if you will just discipline yourself to save.

Proverbs 21:15. “The plans of the diligent lead surely to plenty, but those of everyone who is hasty, surely to poverty.”

The surest way to save is to make it automatic.
Have it auto drafted into your savings account from each check.
If it’s taken out before you can even get your hands on it, like taxes, then it’s easier to get used to not having that money to spend.

You can do it. You can be a saver!
Take action and start today. Do it now!

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About Rick Angell

Loving God and family! REALTOR by day and family guy by night. My passion is helping others succeed! View all posts by Rick Angell

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