Can you save $10,000 in a high-yield savings account (HYSA)? It is no easy task, but I believe in you.
The first step is understanding why saving money is vital to our future. We cannot pause our lives with every emergency that arises.
Next, we must understand that our emergency fund should not be used frequently or randomly. In fact, we should aim never to use these funds.
Finally, we must create additional income streams to increase our savings rate and cash flow.
If we can do all these things, we will become members of the Elite Savers of America. Welcome!
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