Behavioral Moves to Help You Save

Saving comes naturally to some be can be a challenge for others. Saving alone will not make you rich however is the first in step in building wealth and becoming financially independent.  

Here are behavioral

• Set savings amount  in advance of windfalls (tax returns, raises, monetary gifts)  
• Leverage transitions ( birthdays, seasons, new moons) 
• Manage your small purchases ( "Small leaks, sink great ships" ) 

For more on the 30/40/30 Rule listen to Episode 116: What to do with a cash windfall? 30/40/30 Rule
30%- Past (debt and loans)
40% - Present- (current needs and wants Emergency Funds)
30% - Future (large purchases, down payment for homes and cars, and retirement)

Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.


Learn more about Ms. Black:

Website: http://www.stayingintheblk.com

Instagram:@stayingintheblk