I was thinking about saving money these days and the reason why I think it is so hard for most people. One reason is, of course, media and advertisements that have everyone thinking that we have to have the next best thing that comes out. But there is something else that plays a big part in our inability to save money: I believe that we all think too large these days.
Back when I was a kid there was a saying, “A penny saved is a penny earned.” We picked up pennies with joy because we could get two pieces of candy for a penny. I know that the penny does not mean anything anymore, and there are even discussions about doing away with the penny. The day that happens I will be heartbroken! It may sound silly, but I grew up in a time when there was still a lot of value to the penny. This, I believe, is where our downfall starts.
Start Saving Now – No Matter How Little You Have
We think that if we do not have $100 or more to put in savings that it is not worth putting in anything. But just like the piggy banks I had as a kid filled up in just a few months with pennies, our bank accounts could look a whole lot better over a few months if we just put even $20 in for every paycheck. How about we change the slogan to, “A dollar saved is a dollar earned”? To many of us, that is also too small a denomination to matter. I say we should give it a try.
