Money, money, money. Ain’t it funny, babe. It doesn’t grow on trees, but it can grow in your bank account. Here are 4 simple steps to take if you want to one day own a private island. Or throw a private party. Either way, I’ll be there.
Step 1. See how much you’ve got coming in.
How much is hitting your account each month? Keep track of this magic number. It’ll serve you well on your quest to financial freedom.
Step 2. Check how much is going out.
UberEats, clothes, skincare, UberEats, birthday presents, rent, UberEats. It all adds up babe. Look back over an extended period of time (3-6 months) and see where your money is going. Can you cut back anywhere? What are your non-negotiables? Give yourself an allowance and try to stick to it.
Step 3. Set your goals.
Want $15,000 in one year for a holiday? $60,000 in 5 years for a house? Or $100 in one week for spicy margaritas? Figure out how much you want, when you want it, and then roll up your sleeves and get to work.
Step 4. Do the saving.
Make a savings account (or a few). Then actually use them. Regularly put aside an amount each week/fortnight/month/whenever you get paid. Don’t touch it, however tempting it might be. You’ll look back one day, and babe, it’ll feel so sweet.
Don’t forget to celebrate the small wins, like opening a savings account, seeing four digits in there, or taking your BFF out for brunch. And when times are hard, give yourself a break and a pat on the back (or bum). Saving is tough. But so are you.