40% of Americans don’t have $400 in savings for emergency expenses. That’s terrible. But what if I told you there’s a simple way to save $10,000 in a single year? That would be incredible!
Since we at A Step Above Style value your time (and because you already know why you’re here) we’ll jump right in.
Let’s begin.
The Math
“How do you eat a elephant? One bite at a time.”
One of the best way to tackle big projects is to do a little at a time. Make it manageable. Our ultimate goal of saving $10,000 can be broken down into daily, weekly, and even monthly goals.
See the breakdown below :
$27.40 every day for 365 days
$191.80 every week for 52 weeks
*$849.40 every month (31 days) for 12 months
*The above actually puts you over your $10,000 savings goal!
2 Ways To Save $10,000
1. Cut Back On Expenses – Can you lower any bills? Reduce money spent on gas or eating out? What if you did a little less shopping? Anywhere you can cut back will help you reach the daily goal of $27.40.
2. Increase Income – Additional streams of income is the second way to save $10,000. Babysitting, washing cars, selling items online, driving Uber/Lyft, etc. are all great ways to boost your income. Use these ideas in conjunction with your job to reach your goals.
Conclusion
We at A Step Above Style hope you found this blog post entertaining, educational, and empowering.
And remember,
“Applied knowledge is power”.
Until next time, y’all have a good one.
Loved your blog! It is right on and makes the saving so much easier!
Thank you for your comment! We love the idea of making savings easy!