FITNESS MIX – 16

“Found money” is any unexpected income that comes your way, whether it’s a gift from a relative, a bonus at work, or a tax refund from the government. While it can be tempting to spend this money on non-essential purchases, it’s important to resist the urge and put it towards your savings goals instead.

Putting found money towards your savings goals can help you make significant progress towards achieving your financial goals. For example, you could put the money towards building up an emergency fund, paying off high-interest debt, or saving for a down payment on a home.

Additionally, using found money to pay down debt or build up savings can help you break the cycle of living paycheck to paycheck. By using found money to improve your financial situation, you can achieve greater financial security and reduce stress in your daily life.

Of course, it’s okay to spend a little bit of found money on something fun or indulgent. However, it’s important to do so in moderation and to prioritize your savings goals first. By putting found money towards your financial goals, you can achieve greater financial freedom and security over time.

In summary, it’s important to resist the urge to spend found money and put it towards your savings goals instead. By doing so, you can make significant progress towards achieving your financial goals and achieve greater financial freedom and security over time.