Good post at MoneySavingMom

I check in at MoneySavingMom every day. Crystal offers daily advice and wisdom to those seeking to live simpler, intentional lives on a budget.

Her post today is another gem.


In point 3 she says The easiest way to dig out of this hole you find yourself in is to give yourself a bigger income to help shovel yourself out more quickly. This will benefit you not only in the short-term, but also in the long-term as it may allow you to completely change your financial situation within the next five years.”

This reminded me of something David Bach said in his book Start Late Finish Rich (concerning long term and retirement savings strategies):

“Most people overestimate what they can achieve in a year or two but underestimate what they can achieve in a decade.”

This really caught our attention and prompted us to start saving even when we thought we had nothing to save. We started with a few hundred rands each month (perhaps the equivalent of $20-$50) but it grew from there and we have saved more in the past 3 years than we really ever thought we could.

Are you one of the many who thinks you have nothing to save? I challenge you to think differently! Even if you start with R100 ($10) in a savings (interest earning) account, start somewhere!

There are many ways to find a bit extra to save. I’ll share them sometime. For now, look around MoneySavingMom‘s site and google for more sites on frugal living. But start today. It is not only important; it’s empowering!

Check out these links too:

MoneySavingMom: Is it possible to save money when we’re barely keeping our head above water?

MoneySavingMom: Less is More: Lessons from our little basement apartment

MoneySavingMom: Is it possible to live on $460 a week?  (The comments section has loads of suggestions for living on a strict budget. Some are only really applicable in the USA but many are universal.

The Prudent Homemaker (Brandy does a weekly blog post entitled “This Weeks Frugal Accomplishments”. Always inspiring and good food for thought can be found in the comments section too. Her site is an ongoing lesson in ‘making do’ with what one has while cultivating contentment. Her Facebook page is worth “liking”.)