Welcome back to This is the year...! This week we're exploring ways to make 2025 the year you SLAY your savings once and for all. Saving money is one of the most life changing skills you can learn – and yes, skill is the operative word here. We expect ourselves to know how to save automatically, but for most of us, it's just not that easy. The human brain isn't wired to delay gratification. We've evolved to use the resources we have to avoid losing them, and so saving money (resources) for an undefined reason, to use on an undefined date in the future, isn't something that comes naturally to us. Luckily, there are ways we can hack our brains to make saving fun and easy, and in this episode, I'm going to show you how.
Highlights:
- Gamifying saving to make it more fun
- Using a bundle strategy like the $1000 Project
- Creating momentum to keep yourself saving
- Building saving into your budget
- Learning to live below your means naturally
- Values-based saving
- Embracing a base camps vs climbs mentality
This miniseries was created in partnership with PocketSmith: the personal finance software for all walks of life. Head to www.pocketsmith.com/thebrokegeneration to try it for yourself.
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Information
- Show
- FrequencyUpdated weekly
- Published21 January 2025 at 18:00 UTC
- Length36 min
- Episode225
- RatingClean