“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” —Edmund Burke
One of the things I’ve been taught and keep close to my heart is it’s not how much you make rather how much can you save? Being in real estate, I have come across the: "How do I go about buying a house?" question more often than I can count. Most people I talk to about real estate have one thing in common: the struggle to save money. Unfortunately, in school we don't learn about money, investments, savings, or finance management, which are some of the most important aspects of life - especially when it comes to the purchasing of real property. If I could get more people to understand the importance of setting money aside, I could help more people buy houses and invest and grow their money fairly quick. So my challenge for the rest of this year and 2020 is SAVE SAVE SAVE. I have found that when you have a goal or purpose for your savings your ability to save becomes easier. To help me on this quest is my Unlimited Cash Back Bank Account by @greendotbank. Not only do they use their own money to give me 3% cash back on the online purchases I already make – I also earn 3% annual interest when I put my own money into their High Yield Savings Account (which is FDIC insured and free with the Green Dot app). Proactively and passively saving money is going to help me reach goals faster than I ever thought possible.
Saving is so essential to building wealth and financial freedom. As mentioned earlier our schools don't teach about finance. Which leaves us stuck in a society riddled with credit card debt, school debt, and broke because of frivolous spending. What is so amazing about Green dot bank is the cash back percentage they provide. Even my credit union does not provide such a high yield. Providing me the opportunity to passively and actively save for a rainy day, vacation, clothing, whatever my heart desires- most importantly saving for a future. Click the link below and shoot me a PM let me know what you are saving for and how well your savings journey is going.