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Are you habitual about your savings?

Hey, good morning. This is Marcy with Private Banking Concepts.

I’m actually chatting with you right here in the front seat of the car. We live up in the mountains, and when you have a day filled full of appointments in the Valley, most of these videos, or catching up on work is gonna be from the front seat of the car.

But, today, one of the things I just really wanted to talk to you about was savings. And the day before yesterday, I got up and I did my reading, I did my paradigm shifting for me, and then I started just a little bit of scrolling on the internet, which I tend to do. But, I ran across an article about savings.

Years ago, it actually was something that was brought to my attention, I was in some financial issues about 15 years ago. I really just needed to get myself out. So I needed to change my thinking, or change my habit about thinking. Back then, I didn’t have but several thousand dollars in the bank. But, what I read this week was 64% of Americans have less than $1,000 in their savings. What about you? $1,000 or less. If a family emergency, if a health emergency, just if life happens. Is $1,000 gonna cover it? I just started really thinking about that.

I just wanted to challenge everyone, to take a look at their habit in saving their money for an emergency. You can call it an emergency fund, you can call it a savings account. You can call it whatever you want, but make sure it’s liquid. Make sure you’re doing it habitually, every paycheck once a month. Have a goal. If you want to save $1,000 in the next 90 days, how much do you need to put away with each paycheck? If you want $10,000 by the end of the month, what would that take? Or the end of six months? Or the end of a year? What would that take?

Then, I want you to do this for me. I want you to think about how would it feel? How would it feel to have an extra $1,000? How would it feel to have and extra $10,000? Well, right now, I know an extra $10,000 makes me feel very secure right here in my gut. I know that I’m not so different than many people out there. So, if this actually just is a reminder for you to get started, I just encourage you to get started on your personal savings today, whether it be $1 today, $1,000 in a month, or $10,000 in a month, to six months, to a year. Just make sure that you take care of you, and you change your habits about money.

Have a fabulous day!

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