I saved 25% of my take-home pay from my corporate job while I was building my own business on the side — and now I've saved $100,000.
Priority-based spendingI always say that you don't have to stop spending money – you just need to stop spending money on things you don't value.
Automating savingsOne thing I recommend to my clients is setting up a high-yield savings account.
Once I had my high-yield savings set up, I made sure to schedule automatic payments moving money from my checking to my high-yield savings.
Small increases add up over time, especially if you're putting them into a high-yield savings account or investing the earnings.
Persons:
Read, Marie Kondo, Charlie
Organizations:
Service, CIT Bank
Locations:
Wall, Silicon, Seattle Seattle, Wells