Do a double-take on that subject line if you need to.

I mean, doesn’t it seem like if you made $X,XXX more each month you’d finally be able to start saving money?

It turns out, that’s not the case. And at this very moment, there are people who are earning your income and saving good money from it.

I Can Back that Statement Up

Some evidence to back up this seemingly crazy notion that income earned has almost nothing to do with money stashed into savings is from Venti and Wise’s 2000 study of 7,700 households.

Here’s what they found in a Brazilian nutshell:

“It is not only households with low incomes that save little; a significant proportion of high income households also saves little. And, a substantial proportion of low income households save a great deal.” ~ Seven F. Venti and David A. Wise, Study: Choice, Chance, and Wealth Dispersion at Retirement

Kind of interesting, right?

I mean, why would high-income households save little, and low-income households save great amounts if income was the main indicator for a person’s ability to save money?

Because income has little to do with how much a person saves.

penny

How Can You Save More Money at Your Current Income Level?

No one teaches this. Somehow learning quadratic equations in high school is more important than learning the strategies you need in order to keep as much of your money as possible.

Strategies like:

  • Avoiding end-of-month droughts + savings raids by pacing your spending
  • Reducing your fixed monthly expenses so that you can funnel more towards savings while maintaining your current lifestyle
  • Fiercely prioritizing your savings goals and then attacking the first one-two so that you can get a taste for goal achievement
  • Learning how to leverage your credit score to get free swag so that you can funnel more into savings

I don’t have to tell you what saving beyond your means can do for you + your family. You know the gargantuan impact this will have on your life.

So why not let me show you how to get to the point where you are no longer wondering where the money will come from during your next emergency, or no longer fiddling around for a light switch in the dark when it comes to retirement?

Heck, let’s get to the point where you excitedly open up your accounts each month and rejoice in the income you’ve earned 6 months ago that is still sitting there, waiting for you!

Come check out my course that I’ll be running LIVE:

Save Beyond Your Means: Transform an Average Paycheck into a VIP Life>>

Of all the spending you’ve done this year, this is the only one that will put money back into your savings account.

To your future savings,

LOGO

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Does spending less than you earn come naturally to you...or do reading those words raise a guilt-flag in the back of your head? You may spend when you're bored, when you want to reward your efforts, when you're feeling depressed, when you have a new date or an important upcoming event... when, when, when… For some people, every occasion […] Read More