Savings
When It Comes to Savings, Set It and Forget It
If you don’t have to think about savings and you never see the money, you’re more likely to leave it alone. Even small amounts each
try our mobile application
coming soon
try our mobile application
coming soon
budget
Before you take that plunge into the cold, dark depths of debt (yes, we’re trying to scare you), here are a few final gut checks to see if you could avoid this expense all together.
Do you need it or just really, really want it? Honestly. If you determine you do need it, make sure you’re only getting what you need. For example, you may legitimately need a car, but you don’t need it fully loaded. You may legitimately need a washer/dryer, but you don’t need the top-of-the-line.
They say never make an emotional decision. To keep your purchase “all business,” try sleeping on it for a few days, even a week. You’ll find that your feelings about what you thought you needed have likely changed. If not, go for it.
Got a friend, parent, or family member who makes good financial decisions? Ask them for their advice. They’ve likely been where you are, and can give you helpful tips and advice based on their own experiences.
Copyright © Personal Finance For Military Life • Privacy Policy
