Savings may mean different to me than to other people.
I came across this article that explains in simple way a What Savings Isn't, and proposes that saving is not the absence of spending. Rather, It's the intentional act of setting money aside for a specific goal or purpose.
Cash that’s leftover in your checking account after you’ve paid the monthly bills doesn't necessarily count as savings, especially if you tend to use that money to splurge on a fancy dinner or another treat-to-self in the next month.
Similarly, you haven’t necessarily increased your savings if you’ve saved $5 at the grocery store. You've refrained from spending more than you otherwise would have, but saving means that you actually tucked that money aside somewhere.
Like many of you, I save by continually adding to an emergency fund, pay towards a retirement account and life insurance, and regularly paydown mortgage.
Also I methodically set aside part of my disposable income and exchange fiat currency (U.S. Dollars) for precious metals (silver, gold, platinum).
I save in Mene 24K jewelry.
Today, being #menemonday, I am pleased to show you the recent addition to my Mene 24K gold savings!
Lucky Horseshoe 24K Gold Charm
Thank you for viewing this article.
I post an article daily, and I hope to see you again soon!@silversaver888
@silversaver888 is a proud member of #silvergoldstackers and the #ladiesofsgs4eva
Friends and fellow #silvergoldstackers know and have witnessed me save for Mene 24K jewelry. They know that I saved these pieces, one charm at a time.
Join me in my adventure to save in precious metals.
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It's exactly what has to be done when I pay for most things on a Cash Basis. My kids now have their first checking account and credit card and they now understand the responsibilities of that. They see how I physically set cash aside for certain expenses, how I watch my due dates, know the value and flexibility of a Cash Reserve and not to purchase by credit unless they have at least an incoming paycheck to cover it.
I can ramble on and on.
As always, done with Love 🌺 💝 🌹 💓 🌸
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OMGosh, the kids have grown so fast! Soon they will be so independent.
Yeah sis, they have as a great example of how to handle finances and you can always show them how to do it correctly. I don't know if they still teach that in school, i.e., personal finance, budgeting, etc. You are a great mom, sis!
Take care and lots of hugs and kisses 🤗🤗💕
!tip
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🎁 Hi @kerrislravenhill! You have received 0.1 STEEM tip from @silversaver888!
@silversaver888 wrote lately about: Saving In Gold And Platinum, Part 2 Feel free to follow @silversaver888 if you like it :)
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Well stated @silversaver888, most people even if they stop spending just have a bit more cash on hand for that new toy!
I think thats why so many are living paycheck to paycheck....
Your Mene 24K jewelry is beautiful to wear and and an investment for the future!!!
Unfortunately so many will not get this message, but maybe one person might read this post and start saving!😀
Be safe my friend!!!😍😍😀
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There are so many peeps in steam and Hive... not many come to read articles about precious metals. Even my personal friends do not get it. I recall during my first month of stacking excitedly telling them that I started stacking. And they ask: WHY? and with disbelief that I do. I stopped talking to them about it, LOL!
Have a wonderful evening, and take care my friend @silvertop 🤗🤗💕
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So very true @silversaver888, I stopped giving Silver presents to our sons for that same reason. Our youngest son Bill gets it, but being just Married four years his World is working and his Wife.😍
I will slip up occasionally, and get excited about a new Shiny and then you see the look.....😶
Thats OK they will figure it out eventually....
You should see the look when Dad tries to explain Hive and how this new money was a snapshot of Steem!!🤔
One more Month of shelter in place be safe my friend!!😍😍😀
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🎁 Hi @silvertop! You have received 0.1 STEEM tip from @silversaver888!
@silversaver888 wrote lately about: An Awesome😍 Hammered Silver Bar 😍 For Fiveouncefriday Feel free to follow @silversaver888 if you like it :)
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You have quite the savings bestie.
Love it😁
Hugs and love❤🤗😘🌷
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It is amazing how one becomes two, then becomes several! I love stacking!
Be safe and take care always, bestie🤗🤗💕 and lost of hugs 🤗😘
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🎁 Hi @silverd510! You have received 0.1 STEEM tip from @silversaver888!
@silversaver888 wrote lately about: A Sublime & Beautiful Sunday: The Blazing California Poppy Feel free to follow @silversaver888 if you like it :)
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I love this!!!
Just awesome @silversaver888!!
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Hehehe... thanks for your encouragement, my friend @goldmatters! Two platforms can be confusing!
Take care 🤗🤗💕
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You’ve got it handled :)
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🎁 Hi @goldmatters! You have received 0.1 STEEM tip from @silversaver888!
@silversaver888 wrote lately about: Saving In Gold And Platinum, Part 2 Feel free to follow @silversaver888 if you like it :)
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I actually saw this on Twitter first, some really nice stuff there
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I actually
Saw this on Twitter first, some
Really nice stuff there
- monsterjamgold
I'm a bot. I detect haiku.
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This post has received a 51.52 % upvote from @boomerang.
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Thanks @boomerang.
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You got a 100.00% upvote from @minnowvotes courtesy of @gold-saver!
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