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Started by Natalie H.
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M

Michael M.

If you do not put your money to work, it looses buying power.

Deleted user

Investing and saving are the best ways to put your money to work for you, which makes you more cash down the road.

J

James H.

It's important to think about when you'll need the money:
Within a few months? High interest savings account
6 months - 3 yrs? CDs, Money Market accounts or bonds
Many years or retirement? Low cost index funds (VTI, VTSAX, etc)

L

Lyka W.

It's important to think about when you'll need the money:
Within a few months? High interest savings account
6 months - 3 yrs? CDs, Money Market accounts or bonds
Many years or retirement? Low cost index funds (VTI, VTSAX, etc)

This is interesting. I never thought of it this way. I keep all my savings in a HYSA but I'm not going to touch it for a while. I might move some of it out so it can earn more money.

T

Tenesha S.

I've never thought of that. I'm going to move some of mine as well since i won't need it for a while.

S

Sheryl I.

start with an amount you can set aside on a regular basis for savings, then work your way into investing. I utilize Acorns and Robinhood.

Deleted user

Something I read on this site says, it's not how much you save but the consistency of saving. This may not be word for word, but you understand. :)

S

SaverLife Moderator T.

Something I read on this site says, it's not how much you save but the consistency of saving. This may not be word for word, but you understand. :)

@Lettie - We stand by this 💯!

Saving consistently is just one key to financial success (and stability)

–SaverLife Moderator Team

W

Winnie Q.

My approach is ever evolving based on the phase of life in experiencing. Headed to an aggressive saving phase so a lot to consider.

K

Kervin M.

I will like to win so I can get out of finesuall

C

Crystal S.

I began my financial organizing process starting with the zero base budget method to get myself together

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