How to Save More Money in 2020

<p class="p1"><span class="s1">Most people think saving money is about cutting lifestyle and luxuries. This is certainly one way to save, but it is not the only way because <em>where you save your money</em> can make a big difference in how much you get to keep.</span> <span class="s2">💵</span></p> <p class="p1"><span class="s1">Benjamin Franklin says, <em>“There are two ways to increase your wealth. Increase your means or decrease your wants. The best is to do both at the same time.”</em><span class="Apple-converted-space"> </span> But increasing your means is not always as easy as increasing your income because expenses tend to rise to equal (or exceed) income (Parkinson’s law).</span> <span class="s2">😟</span></p> <p class="p1"><span class="s1">When you have a good plan for your finances you can save more money without working any harder; you can have peace of mind and be ready for good investment opportunities when they come to you.</span></p> <p class="p1"><span class="s1">Whether you’re trying to save more money for retirement, to make an investment, or just saving money for a rainy day it’s always a good thing to minimize fees and taxes. And you want a big word called LIQUIDITY. Find out why this is so important.</span></p> <p class="p1"><span class= "s1"><strong>Resources:</strong></span></p> <p class="p1"><span class="s1"><a href= "https://www.life-benefits.com/10-20-70-budget-system/">10-20-70 Cashflow Worksheet Tool</a></span></p> <p class="p1"><span class="s1"><a href= "https://www.youtube.com/watch?v=7I0myU2hEvI">Tips for Saving More Money in 2020 - Video</a></span></p> <p class="p1"><span class="s1"><a href= "https://www.amazon.com/Wealth-Poverty-New-Twenty-First-Century/dp/1596988096/"> Wealth and Poverty book by George Gilder</a></span></p> <p class="p1"><span class="s1"><a href= "https://www.amazon.com/Black-Swan-Improbable-Robustness-Fragility/dp/081297381X/"> The Black Swan book by Nassim Nicholas Taleb</a></span></p>