Brett Jolly’s Daily Though (The Magic of Saving)

When you truly think about it, saving money depends on 2 huge factors: sacrificing when needed and your time element for paying. First, whenever you get paid, I think it is essential to pay off the things that you absolutely need first. For instance, rent is important. You need a place to live. Your car is important (If you have one). You need to be able to get to your job. ┬áIf you don’t need a car to get places, then you could probably save a lot of money without having to pay insurance, gas, and all other car related stuff. So ditch the car and save some money if you don’t need it. When I mention the time element, you money goes as fast as you do. If you can hold off on spending, the time you get to keep your money increases. Not spending so fast might just help you save even more money as you go. Spending wisely is always a great option. Why buy something you really could do without? Also your value of money is equally important. For instance, you could say to yourself that making 10 dollars today is not even worth the effort. However, if 10 dollars is more than you would have doing nothing, then there is a value to that. 10 dollars here and 10 dollars here will add up over time, and that money is bound to make a difference at some point. When you think about all the things you spend money on for an average day, can you see anything that you can do without? If you can, then you are wasting away money that you can keep for yourself. It might be wise to make a budget for yourself and see if that saves you anything. There also might be some investments you can make that can bring you more money at a later time. Check things out and see what you can do. Above all, think differently. You have to spend for what you need, but if you don’t need everything then save some money. Thank you for checking out my Daily Thought, and as always I wish you the very best that life has to offer.

Singer Ashanti in concert with Brett Jolly on bass guitar