Friday, August 18, 2017

FINANCIAL FRIDAY: CONSISTENT SAVINGS




Happy new day! I hope you are having a blessed week! The autumn season is approaching but with these extremely hot temperatures it seems so far away. This LBD has been a long time favorite of mine.... with the right accessories it can take you from day to night and season to season. Therefore it's super versatile and can save you loads of money. As for me, the money I saved by not purchasing another black dress will be used towards the $500 challenge.

I wanted to share a few quick tips on how to get started with saving and most importantly remaining consistent with it.

1. Have a financial vision for your life. A clear vision with time frames will push you and encourage you to spend wisely.

2. Clearly understand where you are financially. There is so much power in knowing where you are financially whether good or bad. It forces you into a mindset of accountability. The way you become accountable financially is by tracking every dollar spent and making sure it goes in the direction that best supports your financial vision.

3. Develop a consistent savings plan. Remember, pay yourself first because if you wait until the end then chances are you will spend your savings. The amount you start saving initially doesn't have to be a lot because most important is developing the habit of saving. Therefore big or small try to save and grow it all. Once the habit has been created then challenge yourself to save at least 50% of your income if possible to allow your savings an opportunity to compound faster.

4. Whether you are just starting the journey to saving or you are just working on increasing your savings just enjoy the process and remain grateful. The road to financial freedom is not easy but with complete joy the journey becomes worth it.





SHOP THE OUTFIT



Thank you so much for your support and I pray you have  blessed weekend!

Tahari ASL black dress similar Here
Schutz wrap sandals Here Luxe for less Here
Versace sunglasses Here
Ralph Lauren double zip satchel Here


5 comments:

  1. These are great tips as always, and your little black dress is lovely, but those heels are incredible! What awesome shoes! Definitely my favourite part of your outfit :)

    Hope you are having a lovely weekend :)

    Away From The Blue Blog

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    1. Thank you Mica! I was able to walk around in these heels for hours so they passed the test:) Pray that you are having a great weekend as well!

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  2. Replies
    1. Thank you Ania! Well wishes to you

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  3. The dress is so beautiful, the sandals too !!
    I love the outfit :) See you soon, eloonly.

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