Small Money Wins Worth Celebrating
Podcast Transcription
Money Talk is a podcast brought to you by PFCU where we will share tips and tricks and talk to the experts on all things finance related. Join us as we cover everything from credit and loans to cyber security and careers. No matter where you are in life, PFCU is here for you.
Hi everyone, welcome to another episode of PFCU’s Money Talk podcast, I’m your host, Maddy. Let’s talk about small money wins today. Not every money win has to be big and life changing. Sometimes we need to celebrate those small wins, the changes we make that might not seem like a big deal at first glance but have a bigger impact than you think. Those small wins that you worked hard to achieve, they keep you motivated, they keep you on track and they deserve to be celebrated. So, what can those small wins look like? Here are some examples.
Starting an emergency fund and I don’t mean having all of your 3-6 months’ worth of your expenses saved right away. I mean just starting. Whether you start with $25, $50, $100, whatever you can spare to start your emergency fund and then making consistent contributions is a win!
Paying off a credit card or paying down any debt that you have. Trying to get debt paid off or paid down is a win! It might be a small dent to start but that’s what’s going to get you motivated and keep you motivated!
Starting a budget, again, just starting is a win. You will need to adjust, of course, as time goes on but just finding a method that you like and getting your income and expenses down on a piece of paper or in an app or in a spreadsheet, celebrate that! And then keep on top of it every month.
Reaching a savings goal. Reaching a savings goal does not have to be big like buying a house or taking your dream vacation. Although you can still strive for those. It can be that you saved enough for new tires for your car for the winter, enough stain to recoat your deck this summer, a night away with your significant other or to buy a new dress for a wedding. These small savings goals should be celebrated too.
And last is investing in your retirement. Tucking away what you have for retirement is a great win to celebrate! Any way that you are preparing for your future and reaching your financial goals should not go unnoticed.
I’m so excited for all of you and the small wins I know you’re having. Keep celebrating and recognizing those and stay motivated. Thanks for listening!
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