If you are like most families, you’ve found your spending habits have changed drastically during Covid. Many of you have found your savings accounts have grown and you like the feeling of that.
Wouldn’t it feel great to keep that saving habit up?
It’s easy to continue to save if you DECIDE to. There is nothing more powerful than a made up mind.
A common mistake people make when they earn more is to spend more.
As things start to open up in our world, think about entering back into the social scene gradually with this new formed habit of saving under your belt.
Here are some great ways to save this summer but still have fun!
1. Trim up your entertainment budget by $100.
As things slowly start to reopen this summer, it’s going to be pretty easy to cut back on entertainment costs. So that will save you a lot of money right there. But when events start to pick back up where you live, make the most of the free stuff like outdoor concerts, movie-on-the-lawn nights, and free days at local museums.
2. Pocket $400 by skipping the theme park and visiting a natural park instead.
Disney is open again here in California. Before you drop easily $600 for a day rate on a family of 4 group pack, think about all the free parks available in our local parks!
- Earn $100 or more by doing a garage sale. Put your kids to work, they will love earning their own money!
One man’s junk is another man’s treasure. Who doesn’t love a good garage sale? More importantly, who doesn’t love the extra $100 you make from pawning your old stuff onto complete strangers? Now’s the time to hop on that spring-cleaning train, dig through the attic, and start planning a purge!
4. Skip the car wash and save $60–100.
Grab your swimsuit and create a pre-planned water fight with the kids. They will love it and skipping the car wash six times this summer could save you $60–100! Every week that you’d usually drive through a car wash, transfer $10 into your summer savings account.
5. Earn $50–100 when you sell your old clothes.
I love second hand stores…the GoodWill by my home is called “OC Boutique”. It’s so fun to get a deal and teach your kids how to do it as well. Spring cleaning is in full swing! Clean out your closets and take your pre-loved threads to a consignment shop, or sell your clothes from the comfort of your own home through an online marketplace like thredUP or Poshmark.
- Stock up on dollar store snacks before a road trip and save $25–50.
Honestly I am not the hugest fan of road trips. I prefer to hop on a plane and have more time at my destination but whatever your travel method, wouldn’t you agree it’s WAY better to stock up ahead of time versus pay double the price at the airport or road side shop?
Road trips might look a little different this summer. But no matter where you’re headed for whatever reason, you can still save some money. If you normally stop for snacks while on the road, buying them at the dollar store ahead of time will help you not buy overpriced treats from a convenience store or gas station.
What rewards will you get as you start to become financially educated?
Understand your own “financial freedom number!”
Ability to afford more as you learn your own “money rules”
Buy yourself treats and holidays without stress because you’ve worked those things into your budget of paying yourself first by saving!
You will start to ask yourself, “what can I afford?” versus telling your kids “we can’t afford that!”
Retire in the 0% tax bracket so you don’t have to worry as taxes rise in the future!
Be confident that your retirement accounts will not plummet with the next downward market correction.
Be confident your family will be financially protected, God forbid anything happens to you in the future and you can’t work or worse case scenario you pass away.
Be able to afford college for your kids without burdening them with a huge student loan at the end.
Be confident that you are saving enough to live a stress free retirement.
Have multiple sources of income that will continue to pay you “Mail-box” passive, residual income in your investments!
Here are Lisa Williams Co
We believe in giving people the tools to dream bigger.
We believe in providing an example of possibilities for our children.
We believe in stepping into our God-gifted roles.
We believe in creating our own stimulus checks.
We believe in multiple streams of income.
We believe in never living paycheck to paycheck.
We believe in celebrating lifelong learners.
We believe in training the 99% to think like the 1%.
Great events coming up that will help you personally and professionally!
Ready for a live event and love John Maxwell?!
Join us for a Mind Growing Wealth Builders event with the amazing John Maxwell in Phoenix, Arizona
When: June 24-26th
Where: Grand Arizona Resort & Spa
Bringing Wall Street to Mainstreet Workshop – Monday at 12noon Pst and Saturdays at 11am Pst
- Learn how to use insurance as a tax free investing strategy
- Where the wealthy put their money…you can too!
- How to get out of debt and pay yourself first
- Get clear on your financial goals and learn to give your money a job so it’s working for you while you are resting.
- Learn about the concept of a “Family Bank” and how to retire in the 0% tax bracket
Opt-in here to be notified of our weekly classes
Want to find your power with money, get out of debt and find your financial independence number?
Please pick a time that works well for you on my calendar if that resonates with you.
Join our Wealth Minded Mastermind – 1st & 3rd Friday at 12noon pst
- Grow your mindset learning from world class mentors
- Grow your bank account by learning of new business opportunities every week
- Grow your relationships with fellow entrepreneurs
- Grow your network with connection tools we share every week
- Grow your marketing for your business with trips and tricks from experts
- Grow your skills where it comes to money with our money mindset and education work
Wealth Minded Mastermind opt-in:
Linkedin By Lisa – learn the power of this amazing business media tool
Learn to tap into the 772 million users and find the people looking for you!
Millionaire Meetup & Marketplace with Lisa’s mentor, Loral Langemeier
May 21st – 22nd @ 10am to 5pm pst
Get Loral’s free 21 ways to wealth @ www.Askloral.com/Lisa
Loral is Lisa’s personal mentor and is known as the Millionaire Maker (she even has 5 best selling books about her process) and we know you will get INCREDIBLE value from her event.
Blessings to you in this amazing life journey and we look forward to seeing you soon!
I’d Love to Connect with You!
P.S. If you liked this newsletter and genius from our guest, please share with your community… forward it to a friend who always challenges YOU to grow. I hope you have at least one of those people in your life!
P.S.S. Do you have a desire to create a business of your own but have no clue where to start? Come join us at www.perfectsidegigs.com and explore the amazing world of business building and entrepreneurship. Let us help you discover the person you were MEANT to become!