A simple fact that is hard to learn is that the time to save money is when you have some.
Sentiment: NEGATIVE
It's real difficult to save when you don't have any money.
By definition, saving - for anything - requires us to not get things now so that we can get bigger ones later. That's hard. Our brains are hard wired to prefer the here and now.
The way to build your savings is by spending less each month.
It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.
I advise everybody not to save: spend your money. Most people save all their lives and leave it to somebody else. Money is to be enjoyed.
The time to save for the future is now. Thanks to compounding interest, the earlier you start putting money away for the future, the more you will save.
I learned early that you only have so much energy to give. You have to spend it correctly.
It is critical that kids start to learn the value of money, short-term and long-term saving and budgeting at an early age.
You can't buy time or save it, common idioms notwithstanding. You can only spend it.
I started LearnVest with a tiny savings account where I paid designers, technologists, and even bartered... Because I started with paying for things myself with my own savings, it sharpened my focus of how to spend money.