Start Saving on Investments to Ease Your Habit

Saving money isn’t just a habit; it’s an emotional shift. The money in your account appears to be money that you can spend. If he doesn’t go anywhere, he calls out to you. To get rid of this feeling, start saving with an investment.

While we often recommend saving by simply depositing money in a separate account , it’s easy to feel that that money can still be spent if you need it. However, as personal finance website Mixed Up Money suggests, if you “spend” that money on investments, you will feel like you really got something for your money and it will be a little more difficult to access it:

I feel like I’m wasting my money because it goes away (#seeyanever) and I enjoy buying something when all I really buy is my own future.

If you’re planning to save money for some long-term goal and don’t know what to do or where to start, don’t be afraid to just give it a try. After all, if I can do it, literally everyone can.

For some of us, investing is a step that you take after saving. You know, one day you already have enough funds for the emergency fund, and the rest are just messing around and doing nothing. However , services like Betterment allow you to automatically turn savings withdrawals into investments that will make your money work. You can still withdraw money relatively quickly if you need money for an emergency, but you still have the emotional feeling that you “spent” your money on something worth buying.

Investing – The Savings Account I’ve Always Needed | Mixed money via Rockstar Finance

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