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If you are not used to saving and putting money aside, it can be difficult to change your habits and build-up savings regularly for a rainy day. Whether you are wanting to build savings to fund buying your first home or wanting to save for your or your children’s future. 


You may have even attempted to save before and found yourself disheartened when it didn’t quite go to plan. If you’re not used to it, saving money is a difficult undertaking. That isn’t to suggest that it isn’t doable. You just need to change your spending habits and treat your money differently. Small changes such as compare credit balance and moving your credit to low or zero percent interest can all work to help you. 


Be Realistic With Your Savings Capacity 


It is critical to be practical when beginning your savings journey. Although your overall savings objective may appear far away, it is critical to create attainable goals so that your savings strategy may begin. Being realistic also ensures that you are not discouraged by your failure to meet unrealistic aims. Starting small is a wonderful approach to ensure that you see your savings grow and remain encouraged to continue saving.


Make sure the amount you plan to save each month for the next six months is realistic and achievable. This will ensure that you don’t lose heart or become discouraged because the amount to save is manageable, and it will also ensure that you don’t lose motivation. Once It has begun to become a habit; at this point, the amount can be examined and re-adjusted, as you will have developed a regular savings routine after 6 months.


Set Small Achievable Targets 


After setting realistic goals, it’s also a good idea to divide them down into smaller goals and targets. This will keep you motivated since you’ll be able to see that your efforts are paying off and you’re getting closer to your savings goal. Break down your monthly savings goal into smaller weekly amounts to place aside, for example.


As you become acclimated to having less weekly disposable income available to finding yourself comfortably living with less and spending less, you will develop new regular savings patterns and habits.


Maintain Motivation To Build Up Your Savings


One of the hardest challenges most people face is keeping momentum to continue with their savings. Especially when savings take a while to build up and it can be easy to be tempted to dip into them. Although building your savings is a slow process, try not to let yourself lose motivation.


To help you keep your motivation levels high it might be valuable and beneficial to use a support system to keep you motivated and reignite the saving urge. By doing this they will be able to remind you why you are saving and highlight all of the positive changes you have made. Opening up about your financial objectives, triumphs, and challenges with a close friend or family member will help you stay on track.


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Digital Product Creator at Kori at Home
Kori is a late diagnosed autistic/ADHD mom. She is currently located in Albany, NY where she is raising a neurodiverse family. Her older daughter is non-speaking autistic (and also has ADHD and Anxiety) and her youngest daughter is HSP/Gifted. A blogger, podcaster, writer, product creator, and coach; Kori shares autism family life- the highs, lows, messy, and real. Kori brings her own life experiences as an autistic woman combined with her adventures in momming to bring you the day-to-day of her life at home. Kori is on a mission to empower moms of autistic children to make informed parenting decisions with confidence and conviction.

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