Thursday, September 10, 2015

Financial Tips 9/10/15

Solid Ground is home to many great programs that can help people create stability and prosperity. Judy Poston is our Financial Fitness Guru. She holds workshops and does one on one coaching to help people set and achieve their goals. Judy had a few tips that can make a big difference.


When you have spare change, throw it in a jar and don’t touch it!  When the jar is full, take the money to the bank and deposit into your savings account and immediately begin refilling the savings jar. If you have children, you can turn this into a fun-family challenge to see who can save the most change in a month’s time!  This will help to teach your children how to save money!

If you are a coffee drinker, you can spend big dollars at your favorite coffee shop. If you cut back on two lattes a month, you can save $10 a month or more and put this money into your savings account! That's more than $100 a year. It may seem small but having some money set aside can make surprise expenses or emergencies much less stressful.

If may surprise you to learn where all of your money goes. For one month, keep track of every purchase. This can give you a good idea of where you can cut back in order to give yourself more wiggle room.

You can connect with Judy by emailing financialfitness@solid-ground.org or calling 206-694-6864.


1 comment:

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