{"id":1869,"date":"2015-05-20T00:15:10","date_gmt":"2015-05-20T08:15:10","guid":{"rendered":"http:\/\/www.cultofmoney.com\/?p=1869"},"modified":"2015-05-19T05:40:58","modified_gmt":"2015-05-19T13:40:58","slug":"5-ways-to-jump-start-your-savings-goals","status":"publish","type":"post","link":"https:\/\/www.cultofmoney.com\/5-ways-to-jump-start-your-savings-goals\/","title":{"rendered":"5 Ways to Jump Start Your Savings Goals"},"content":{"rendered":"

\"The<\/a>I\u2019m a firm believer that success leads to more success. That\u2019s why momentum is so important.<\/p>\n

If you can kick off a goal in a big way then you\u2019ll be more motivated to actually see that goal through. Working on that goal day in and day out will be fun rather than dreadful.<\/p>\n

If you\u2019ve just started a new financial goal, whether that being paying off debt, saving money, or investing, the best thing you can do to get started is find a way to immediately put a little dent in it.<\/p>\n

Here are five ways to jumpstart your savings goals.<\/p>\n

Sell Some Old Stuff<\/h2>\n

The easiest and, perhaps, most profitable way to add some fuel to the fire is to sell things that you no longer want or need.<\/a><\/p>\n

After spending the last week going through my house top to bottom in preparation for a move I\u2019m one hundred percent convinced that everyone has stuff they can part with to make extra money.<\/p>\n

Start by going through your home and looking for things to sell. Once you have a pile start listing all the small items on Facebook Yard Sales and the bigger ticket items on Craigslist.<\/p>\n

Take every dollar that you earn and put them toward your goal.<\/p>\n

Work Extra Hours<\/h2>\n

A lot of us have the ability to work extra hours but without a big goal to keep us motivated we just don\u2019t.<\/p>\n

If you\u2019re in a position where overtime is available to you then you need to start picking up at least a couple extra hours each week. Take the overtime from your check and put it in savings. Better yet, have it direct deposited straight into your bank account.<\/p>\n

Start a Side Business<\/h2>\n

Don\u2019t have extra hours available to you at work? No problem. There are really a thousand and one ways to make extra money on the side.<\/p>\n

You could do the normal jobs like babysitting, cleaning houses, or mowing lawns or you can start a different type of side business. (See ways to make an extra $500 per month.<\/a>)<\/p>\n

I know many, many people who are bringing in full time incomes from their once side businesses. If you really try you CAN make some decent money on the side.<\/p>\n

Cut Your Expenses<\/h2>\n

I firmly believe that earning extra money is the best way to accelerate your goals but I also believe that this is something that not everyone will give a chance. In that case, you need to cut your expenses. It\u2019s your only other option.<\/p>\n

Look through your budget, downgrade your plans (TV & Phone,) cancel subscriptions that never get used, switch carriers, and completely cut off certain services. Dig deep in that budget to make cuts.<\/p>\n

Whatever money you\u2019ve cut from your budget needs to go toward your goal.<\/p>\n

Do a 30 Day No Spend Challenge<\/h2>\n

Have you ever heard of a no spend challenge? If not, it\u2019s a period where you go without buying anything but the absolute essentials.<\/p>\n

Outside of just enough food to get by, your regular bills, and commute costs you buy nothing. How much money could you save by doing one of these challenges for a month?<\/p>\n

Build Momentum<\/h2>\n

To really motivate yourself to stick to a goal you need to build momentum. Start off strong and you\u2019ll find the motivation and willpower to see the goal through.<\/p>\n

Be creative. Do what you need to do make a dent in your financial goal. Once you build that momentum you\u2019ll soon see results beyond what you were expecting!<\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m a firm believer that success leads to more success. That\u2019s why momentum is so important. If you can kick off a goal in a big way then you\u2019ll be more motivated to actually see that goal through. Working on that goal day in and day out will be fun rather than dreadful. If you\u2019ve […]<\/p>\n","protected":false},"author":4,"featured_media":1870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[14],"tags":[487,486],"acf":[],"_links":{"self":[{"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/posts\/1869"}],"collection":[{"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/comments?post=1869"}],"version-history":[{"count":0,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/posts\/1869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/media\/1870"}],"wp:attachment":[{"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/media?parent=1869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/categories?post=1869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cultofmoney.com\/wp-json\/wp\/v2\/tags?post=1869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}