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- “teach you how to get rich‘ Author Ramit Sethi has released a new journal to use alongside his best-selling books.
- I’ve never been good at saving, but writing in this journal will motivate me to do better.
- I combed through my budget and found that I could save an extra $100.
I’m not good at saving money until I’m 29, in major gender reassignment surgery on the horizon. The surgery was covered by California health insurance, but I had to set aside two months of living expenses (about $7,000) in case something went wrong, which I saved in just eight months. I was.
It took eight weeks for the state disability office to process my FMLA leave request. emergency savings to achieve the purpose. Since then, I started to lose my discipline as a saver and was looking for a way to get back on track.
when i found out “I will teach you how to get rich” Author Ramit Sethi released from prison new journal Along with his best-selling book, I thought it would be a great opportunity to get my savings goals back on track.
This journal isn’t about technical personal finance skills, it’s about mindset shifts.
Sethi’s journal includes a savings worksheet, and I thought she would have more technical personal finance skills, but I was surprised to find that she didn’t at all.
In an interview for the journal, Sethi told me: books about money When you feel like you need to get all your ducks in a row, get all your account info and have all your passwords ready. ”
Instead of outlining professional personal finance terms, “I Will Teach You To Be Rich Journal” reminded me why I wanted to reach my savings goal in the first place.
I started saving more money by understanding what I wanted in my “rich life”
Having spent my childhood moving between different cities and countries, buying a house was a big goal in my life. When Sethi started writing his diary, he realized that owning a home was actually more important than his ability to travel and live in two or three cities a year.
In the journal, Sethi wrote: It’s much more flexible and free than owning one. yet Feel free to rent. ”
I didn’t really want the house, and I realized I didn’t feel motivated to save for it. should do it want.But when I started journaling about living on the coast, spending more time traveling, and spending more time with my family, it felt like a new flame was kindled under me. start saving actively again.
I combed through my budget and found I could have saved an extra $100
In the past, I’ve made the mistake of trying to start saving by drastically changing my budget. I was telling myself, “I’m going to save $500 a month! I’m going to stop eating out completely and not go to shows and events!” the saving consciousness It quickly backfired and I used up my savings as quickly as I earned them.
Sethi’s diary helped me feel like I had enough time to reach my savings goals and set smaller, more realistic monthly savings goals. As a result, he found four areas within his budget where he could save $25. It’s eating out, gas, clothes, and events.
By taking $25 off each of these categories, you don’t feel completely stripped.instead of skipping all Dinner or lunch with friends, $25 cut means you only need to skip once a month.Rather than being left behind because I can’t go one by one For parties and events, skipping just one or two times a month can save you $25 from your budget. Or you can focus on finding free events to attend.
The journal helped me realize that it’s never too late to start saving for my “rich life.”