Happy Thursday! Most of my pieces I am wearing I have had for quite some time and some are still in stock. I have been finding ways to restyle my fall items. Yaay! It's easy to just buy a new item but more challenging to fall in love again with an older item. Especially if you are keeping up with the latest trends which we all adore:) I have saved myself so much money by doing this. More important than the money is the lessons I have found like "appreciate what you got and you want indulge so much into your wants."
I always desire to keep this blog as a space to where you can be inspired to be the best you externally but most important internally. I want this to be a place where you are encouraged to make better financial choices. Therefore, through this process I have started a $500 savings project. I did one last year and accumulated $5000 and I just put the earnings in a short term savings account. Therefore this time I'm starting with $500 and every $500 I save I will pile it into a short term savings account and continue this until this time next year. Short-term savings accounts can be used for any unforeseen events, vacations, shopping sprees, or anything that you don't want to take money from your retirement or emergency fund money to do. These accounts can also be interest earning accounts therefore increasing the chances of your money working for you.
A few ways I'll be coming up with each $500 is by styling items I already have; however, I will still continue to shop because I love handbags and shoes:) I will also find different ways to cut expenses, create ways to generate additional income, or many more creative ways to fund this project. However, the challenge is I will not be using any of my business income to do this. I'm a believer that you can always find ways to save money outside of your regular earnings it just takes some creativity and a focus on financial independence. I extend the opportunity for you to join me as well in this project and please update me on your progress, what you are doing to generate the $500 savings each time, and how you plan to use the money once you reach your 12 month goal.
Thanks for reading and Have a wonderful and blessed weekend!
Top: Sophie Max
pants: Antonio Melani
Shoes: Sam Edelman
sunglasses: Ralph Lauren