8 important questions successful savers ask regularly: Sponsored by Vanguard_Group
You might have money disappearing out of your accounts every month for an online game you never play, a magazine you don’t read, or a box-of-the-month club whose boxes are sitting untouched somewhere in your house. Doing some subscription housekeeping can free up more of your money to put toward other goals.Some items seem like a great idea when you order them, but by the time they make it to your doorstep, you’re already over them.
7) Do I spend money out of FOMO—fear of missing out on the newest trend or gadget everyone is talking about? Sometimes when we read about people camping out for days to get the newest phone or smart watch, it can create the illusion that we need to have it in our lives because it’s that cool and exclusive. Take the time to make sure you’re making big purchases for the right reasons, and not just to keep up with the Joneses.It’s always a good idea to build room into your budget for some spontaneous spending every month.
Getting a handle on your spending and saving can help set you up for long-term success. No matter what your savings goals are, we can help you plan for them.
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