Why Its Important To Save More Money Monthly

Why It’s Important to Save

More Money Every Month

by: Dan Cavalli

Business and Money Strategist

One of the best things

you can do for your

financial situation would

be to save money every

month! I personally

recommend that you

save at least ten totwenty per cent of your monthly pay to see

some really good results.

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I know that this amount is

not the law, and would be

altered to suit the different

circumstances available,

but the main thing is to

save. At all costs, save

money every month!

Saving has been defined

by many people, but there

is one particular definition

that I like, and it simply

says: saving is the act of

paying yourself.

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Since you practically spend all your money

paying others for their goods and services,

then you would welcome the idea of paying

yourself too, I bet – and hope, too. However

you might be wondering why the hullabaloo,

and why is it so important to save in the first

place.

I am going to give

you a brief

introduction to the

many reasons you

can have for saving

money.

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You can save for future emergencies: You

see, a lot of things happen in this world, and

they might occur at the least convenient

times, and that is why they are called

emergencies. For instance, the car could

unexpectedly have

broken down, the

kid could have

fallen sick, or the

house might have

caved in.

Some emergencies

of course could be

shrugged aside, but

there are also

others that you

cannot look past. Ifyou have such emergencies that cannot

be ignored, you would need a little extra

money to sail past the danger hour.

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If however, you have not made

the adequate preparations for

your emergencies, you can

suddenly fins yourself in a big

pit of debt so fast you would

be wondering when you got in

there.

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I would give you this rule of

thumb – it might take you three

to six months’ worth of income

to crawl out of one emergency

pit. This kind of amount of

money is total, and should not

even include savings if younever had the savings in the first place to start

with.Top Ten Ways to Saving Money

Every Month

Another reason to

save is quite obvious:

Debts from Debit

cards. Are you

struggling with debt

from a debit card?

Well, if you have been saving some money

every month – and the good thing is that

this amount can mercifully be lesser than

that set aside for the incurrence of

emergencies

then you can safely make

use of the savings to handle

the debt situation, saving on

your monthly interests

payments and save your

credit card rating and your

neck.

Saving Money Effectively:

Many Of Us Want More Money.

If you need some luxury items also, you

can use your savings to acquire them

without totally killing yourself and damaging

your cash at hand. Therefore if you want to

go on that vacation or get that new car,

then the savings might your best way to

soften the pinch.

If you want to enjoy the

benefits that can be gotten

from some of the luxury

items, then you would need to

save, and in my opinion, the

best saving method is to save

money every month.

You can use all these strategies to save money,

reduce debt and improve your life but it means

nothing unless you have a foolproof method

automatically set up to do it for you.

Get my FREE money

saving secrets set on

auto pilot at:

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www.blueprintformakingmillions.com

DAN CAVALLI’s noted by the

“Financial Review” as one of

Australia’s “Internet’s Untold

Millionaires”. He is also the

author of the internationally

sold financial book,

"Blueprint for Making

Millions."

About The Author