Saving isn’t about getting yourself big ticket items. It’s about growing your financial security, moving towards independence or at the very least, enjoying a comfortable life. Is there any way you can achieve that with a tiny budget? EvolveMyRetirement.com shows you how you can make a little go a long way.
What Your Monthly Savings Can Get You
With this infographic, EvolveMyRetirement wanted to show the ludicrous timescales it would take for you to save for common things; smartphones, trips and computers – if you only saved a small amount of money a month. As the infographic shows, it seems pretty pointless saving such a small amount. Increasing your monthly savings by 150% doesn’t seem to help much either. Even by saving significant amounts, the down payment on a home could be over a decade away. So what’s the point in saving?