What motivates me to save is driving by the house I'd like to buy. It's near our current rental and seeing the house I really want is a great reminder to save our money.
I save for the freedom it brings, freedom to send my kids to college, the freedom from worries about rainy days, the freedom to travel and one day the freedom to choose to work if I want to.
I save to keep myself from worrying. The more money in the bank the less concerned I am about paying my bills and living the life I want. If you don't save you waste a lot of time worrying about where you'll find money, how much debt you are in, etc. etc. Ultimately having more money in the bank means that I'll worry less and the less I worry the happier I become.
I am motivated to save so that I can get enough money together to finally pay off the student loan and get out of debt completely! Then I can start saving even more for home repairs, vacations, and other fun stuff!
I'm motivated by the job market. I love my graduate degree, and I'm learning great things along the way, but the job market isn't great and I don't want $20,000 in debt saddling me if I can't immediately find a job.
Two months ago my puppy had parvo and lived. I barely had enough to pay for the $800 in hospital care. As I looked around the room at the electronic equipment, IV lines, and medical supplies, I realized that my own family was not covered should an emergency come up.
A horrible sense of helplessness came over me. I had loans -a lot of loans- less than one paycheck in my account, and crappy health insurance. I never wanted to feel that sense of dread again so I decided to pay off debt and save. So now I save. I save and share my experiences at Economically Humble.
I am motivated to save so that I can travel. Whenever I am tempted to buy something I don't need I compare what this would cost to what I could buy with it while traveling.
I've recently moved into my own apartment, and have begun saving for things I need for it. I am also saving to take some much need vacations this year...hopefully to see old friends and go places I have never been before.
wow cool! What a fun site -- I just signed up. I'm motivated to save so that I can have freedom. Freedom to say, "sure, why not?" to anything that comes up. Having debt burdens me, and getting rid of it and increasing my savings (paying myself) will only increase my freedom and flexibility.
I am motivated to save by looking at the faces of my children. Knowing that a savings account can help ensure a better future for them is all I need to remember.
Have I missed something here?!? It totally looks to me like SaveUp rewards aren't REALLY about saving money. Not the rewards anyway. The rewards are a CHANCE at winning something? Are ya kidding me?
At one time we had a decent savings account although we were stupid in our spending. So now we have a small e-fund and are working to pay off debt. I'll already motivated to save just to have a safety net, but need to pay off debts first. I can't wait until we can have a real emergency fund in place!
My primary motivation for saving is living stress free. A conversation with a friend made me realize just how stressed I am about money - paying bills, earning enough, making the right financial decisions, etc. I know that if I have an emergency fund or cushion I'll be much more relaxed.
I grew up in abject poverty and in and out of homelessness. I developed my skills of financial management completely on my own, and am inspired and motivated to save to understand the power of my own choices and allow for a future with greater freedoms than what my childhood offered me.
There are other ways for debt problems to get you thrown into jail.
The most common (and there have been a steady stream of news reports about this issue since the recession began to bite) is this:
The creditor, after getting a default judgement against you, sends you a stack of interrogatories asking about all your assets.
You, having moved or being busy working three jobs or clinically depressed—and in any case, not a lawyer—do not respond, or fail to respond in proper form.
The judge issues a bench warrant for your arrest for contempt of court.
The next time you interact with the police, you get hauled off to jail.
Of course, you're not getting thrown into jail for not paying your debts, you're getting thrown into jail for not being able to afford a lawyer to get all the paperwork right—but I'm sure it feels like getting thrown into jail for being late on your debt payments.
Financial stability/security while still being able to intelligently spend on my hobbies such as traveling is my main motivation for saving. I've come a long way in my financial journey (paid off over $14K in credit card debt, bought my own home, etc. after having $1 to my name), and I value saving as an integral part of the strong financial foundation I've finally built for myself.
What motivates me to save is just having financial freedom. If I have a good emergency fund, I will have more mental and financial peace if something bad does happen.
I'd like to go to Disney. That motivates me to save!
What motivates me to save is driving by the house I'd like to buy. It's near our current rental and seeing the house I really want is a great reminder to save our money.
I save for the freedom it brings, freedom to send my kids to college, the freedom from worries about rainy days, the freedom to travel and one day the freedom to choose to work if I want to.
20c is the optimum temperature you can buy belts to put round your tubs they are quite cheep to run only 25w
Tara, Thanks for sharing your story. Sounds like you 'came out the other side' of growing up in a less-than-frugal household and are wiser for it!
I save to keep myself from worrying. The more money in the bank the less concerned I am about paying my bills and living the life I want. If you don't save you waste a lot of time worrying about where you'll find money, how much debt you are in, etc. etc. Ultimately having more money in the bank means that I'll worry less and the less I worry the happier I become.
I save because you just never know. Life is unpredictable and you have to safeguard your future with cash.
I desperately need to save. Right now I'm saving for a trip to Japan to visit my in-laws. Wish me luck...
I am motivated to save so that I can get enough money together to finally pay off the student loan and get out of debt completely! Then I can start saving even more for home repairs, vacations, and other fun stuff!
I'm motivated by the job market. I love my graduate degree, and I'm learning great things along the way, but the job market isn't great and I don't want $20,000 in debt saddling me if I can't immediately find a job.
These are great! I'm totally adding them to the list I'm working on over at Economically Humble.
Two months ago my puppy had parvo and lived. I barely had enough to pay for the $800 in hospital care. As I looked around the room at the electronic equipment, IV lines, and medical supplies, I realized that my own family was not covered should an emergency come up.
A horrible sense of helplessness came over me. I had loans -a lot of loans- less than one paycheck in my account, and crappy health insurance. I never wanted to feel that sense of dread again so I decided to pay off debt and save. So now I save. I save and share my experiences at Economically Humble.
I am motivated to save so that I can travel. Whenever I am tempted to buy something I don't need I compare what this would cost to what I could buy with it while traveling.
I've recently moved into my own apartment, and have begun saving for things I need for it. I am also saving to take some much need vacations this year...hopefully to see old friends and go places I have never been before.
wow cool! What a fun site -- I just signed up. I'm motivated to save so that I can have freedom. Freedom to say, "sure, why not?" to anything that comes up. Having debt burdens me, and getting rid of it and increasing my savings (paying myself) will only increase my freedom and flexibility.
I am motivated to save by looking at the faces of my children. Knowing that a savings account can help ensure a better future for them is all I need to remember.
Have I missed something here?!? It totally looks to me like SaveUp rewards aren't REALLY about saving money. Not the rewards anyway. The rewards are a CHANCE at winning something? Are ya kidding me?
At one time we had a decent savings account although we were stupid in our spending. So now we have a small e-fund and are working to pay off debt. I'll already motivated to save just to have a safety net, but need to pay off debts first. I can't wait until we can have a real emergency fund in place!
My primary motivation for saving is living stress free. A conversation with a friend made me realize just how stressed I am about money - paying bills, earning enough, making the right financial decisions, etc. I know that if I have an emergency fund or cushion I'll be much more relaxed.
I grew up in abject poverty and in and out of homelessness. I developed my skills of financial management completely on my own, and am inspired and motivated to save to understand the power of my own choices and allow for a future with greater freedoms than what my childhood offered me.
There are other ways for debt problems to get you thrown into jail.
The most common (and there have been a steady stream of news reports about this issue since the recession began to bite) is this:
Of course, you're not getting thrown into jail for not paying your debts, you're getting thrown into jail for not being able to afford a lawyer to get all the paperwork right—but I'm sure it feels like getting thrown into jail for being late on your debt payments.
Financial stability/security while still being able to intelligently spend on my hobbies such as traveling is my main motivation for saving. I've come a long way in my financial journey (paid off over $14K in credit card debt, bought my own home, etc. after having $1 to my name), and I value saving as an integral part of the strong financial foundation I've finally built for myself.
The possibility of financial independence motivates me to save! I want to have the choice to work or not, not be dependent on my job to survive.
I save because I want to be self-sufficient should anything happen to my job. It makes me feel secure and prepared.
What motivates me to save is just having financial freedom. If I have a good emergency fund, I will have more mental and financial peace if something bad does happen.