Save more and spend less.
Greensboro, NC - You've probably said to yourself, "I'll save money when I get more money." But here's the truth: You will not save money when you get that next raise. You will not save money when that car is paid off. You will not save money when the kids are grown. Career and Business Consultant Tammy Holyfield says, "Saving money is not a matter of math but of emotion. You will only save money when it becomes an emotional priority."
According to Money Magazine, 78% of Americans will have a major negative financial event in any given 10-year period. An unplanned event will cause you to dip into your emergency fund. And it's estimated that one in three Americans do not have a savings account or that nest egg to dip into. Most will put the expense on their credit card, only contributing to the financial crisis.
Holyfield, the founder of Holyfield International offered these tips.
Top 3 Secrets to Successful Saving
#1 Make it Automatic...Have a percentage of every paycheck automatically drafted and deposited into a savings account.
#2 Live on a Budget... Living on a budget will help make savings a priority and a habit. Practice the SAVE NOW Buy Later Principle instead of Buy Now PAY Later and get rid of unnecessary expenses.
#3 Start Now even if you Start Small make saving a habit ... Get a PIGGY BANK!
For information on improvement or organizational solutions, or to reach Holyfield visit www.TammyHolyfield.com Facebook or Twitter search Tammy Holyfield or call (336) 988-5635.
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