1. $ave whatever you can, just get started. If you have $10 and can only save $1, then save $1. The important thing is that you begin to form a habit of saving, the more you do it the more you will want to do it and will begin to think about doing it.
2. Educate yourself on financial matters. The more you know, the better you will be able to plan. There is a lot to learn— everything from investing to retirement—so take your time. Look for free classes at your local library and through community organizations including your place of worship.
3. Think twice, purchase once. Do you really need whatever you are about to purchase? Really?
4. Include everyone in your household. There is strength in numbers. When you work together as a team, everyone moving in the same direction, you are more likely to be successful. This includes the children too.
5. Don’t compare yourself to others. We must all run our own race. Don’t let what others are doing with their money determine your course. Stay focused on your plan. For a full checkup, visit www.mymoney.gov to learn more about the five building blocks for managing and growing your money.
