Financial Freedom Speedometer Earning Income Money Savings

Are you up for a Challenge? Make 2018 the year you make a financial difference.

Saving money is critical to your financial well-being. Ideally, it’s a good idea to allocate 10%-20% of your income to some sort of savings vehicle; however, any honest effort in saving money is a step in the right direction.

For some people, breaking down a savings goal to the simplest, smallest amount helps accomplish this goal. Here’s an idea of how saving small amounts per day/week add up to a great chunk of change!  At the end of 2018, you could allocate this sum of money to paying down debt or saving it for emergency expenses.  What would you do with an extra $1,456 this year?