Home » Episodes » Savings Accountability {Family Money Minute}

Savings Accountability {Family Money Minute}

Savings Accountability

Play

April 28, 2015: Savings Accountability

Do you have savings accountability? If not, you’ll know why you need to after the next 60 seconds…

Just like losing weight, saving money becomes much easier and much more effective when you have accountability.

This can happen in a couple ways:
First of all, you HAVE to set up a separate savings account where you’re putting money into, but not taking it out of.
Second, consider multiple savings accounts, such as one for an emergency fund, one for home repairs and even one for a vacation, making your savings goals much clearer.
Finally, enlist someone you love to help you stay on track, preferrably your spouse!

Don’t look at savings accountability as a set of rules to follow; instead, consider it a tangible way to make it easier to achieve your dreams
***

The Family Money Minute is made possible by Operation Christmas Child, who reminds us that by saving money, we can make a bigger impact on the lives of needy children around the world.

Operation Christmas Child shoebox gift samaritan's purse

If you’d like to hear the Family Money Minute on the radio in your area, leave the call letters of your favorite station and your hometown in the comments below!

Subscribe to the Family Money Minute Podcast NOW

Click for more information on the Family Money Minute Radio Program

Click for Family Money Minute Posts you may have missed!