
This is one of the most common conversations I have with folks who have some solid money habits. The type of person I’m describing spends less than they make, is usually at least somewhat frugal, and has a big chunk of money in their savings account. While they’re great at saving, they usually don’t keep a budget. If this is you or someone you know, watch the video to learn the most common mistakes of natural savers and how to avoid them.
Mentioned in this video:
How much to save fort an emergency fund: https://youtu.be/JxLma06KxOk
Sinking funds: https://youtu.be/aYpr2z9QAGc
My resources:
Budget Templates: https://www.teacherstalkmoney.com/budget
Money Map Workbook: https://www.teacherstalkmoney.com/moneymapworkbook
Follow me on Instagram: @teacherstalkmoney