#130: 5 Ways to Take Your Savings Strategy Up a Notch

While saving money just to save is better than not saving any money at all, you could be missing out on opportunities to maximize your savings efforts.

When it comes to saving money, you’ll want to implement a strategy that sets you up for success.

You may already have that strategy, or it may need to be tweaked.

In this episode, I’m sharing 5 ways you can take your savings strategy up a notch and guarantee yourself the best results with your money-saving efforts.

Here’s a glance at this episode:

  • [02:35] Naming your savings account to match the goal you’re saving for, you’re more encouraged to avoid spending that money.
  • [06:29] Depending on what you’re saving for and how long it will take to reach that goal, you may want a specific type of account as you save for that goal.
  • [10:14] High Yield Savings Accounts are great options for saving for any type of goal because you’ll earn more interest than with a regular savings account.
  • [13:54] As you make progress towards your savings goals, make sure you reward yourself for wins along the way.
  • [16:45] It’s so easy to want to do everything at once, but you could be spreading your resources too thin and delaying your progress.

Rate, Review, & Follow:

Did you love this episode? Are you a fan of the City Girl Savings podcast? If so, please consider rating and reviewing the show!

This helps spread the word about City Girl Savings, and hopefully helps more people make the best money moves possible on the way to their dream life!

To leave a review on Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!

Also, please make sure you’re subscribed and following the City Girl Savings podcast on Apple Podcasts, Spotify, and YouTube!

Resources mentioned in this episode:

Listen to CGS Podcast Episode 76 – Breaking Down My Savings Accounts and Strategies

Let Raya create a budget plan for you!

Learn about Raya’s Financial Focus Coaching Program

Follow City Girl Savings on Instagram, YouTube, and TikTok

Join the City Girl Savings Facebook Group

Subscribe to the City Girl Savings Newsletter!

Watch this episode on YouTube!



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