Published: January 06, 2018
Saving money is a hurdle many people face. Some people feel they don’t have a large enough income to put anything in savings, while others make impulsive spending decisions with money they could be saving. The reality is that you should be saving money for your future – no matter your circumstances. The Federal Reserve Bank recommends you have a minimum $2,000 in savings to cover emergencies. The general rule of thumb is save approximately 20 percent of your income each month. So, how can you become a better saver?