money

10 Effective Strategies to Turn a Spender into a Saver

10 Effective Tricks to Turn a Spender into a Saver/MNPropertyGroup/Blog

Let’s be honest. Spending money is fun, and for some, shopping is a sport. But when the packages from Amazon are coming every week, and you’re spending all of your discretionary income, you might want to consider changing the way you handle finances.

No one was born with the saving gene. Saving is a behavior we learn. Many of us have been on the saving path since childhood because our parents encouraged us to save. But if that is not the case, as an adult you can modify your spending patterns and experience the joys of saving.

An excellent starting point is to change how you think and feel about money. Don’t consider saving a sacrifice, but instead think of it as a means to a better future. Once you start practicing some of the savings strategies I’m going to share, you might be surprised to discover how good you are going to feel about having some money in the bank. 

10 Effective Tricks to Turn a Spender into a Saver/MNPropertyGroup/Blog1. Reward Yourself

Saving money is like putting your...

Money Advice From the Greats

Money Tips From the Greats/MNPropertyGroup/blog

You must gain control over your money, or the lack of it will forever control you. - Dave Ramsey

For some of us, taking control of our finances is a challenge. One crucial element of the process is saving money. Americans are not very good savers. According to Bankrate, 58 percent of us have less than $1000 in savings.

Many of us are in that 58 percent because saving was not a habit we learned as children, but it is one we can embrace as adults. We can develop and nurture positive saving habits with the right motivation and inspiration.  

Money Tips From the Greats/MNPropertyGroup/blogDo not save what is left after spending, but spend what is left after saving. – Warren Buffet 

If you have a 401K benefit with a company match from your employer, make sure you have the maximum amount deducted from your paycheck to take full advantage of the matching funds. Your 401K should be one of the significant elements of your retirement savings. The added...

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