2726: Make Saving as Much Fun as Spending by Julie Grandstaff with Women Who Money on Personal Financial Goals

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Episode 2726:

Julie Grandstaff explores the art of making saving as enjoyable as spending by setting specific financial goals. By breaking down long-term objectives into actionable short-term steps and tracking progress, she shows how reaching savings milestones can be just as satisfying as completing a project, providing motivation and happiness along the way.

Read along with the original article(s) here: https://womenwhomoney.com/make-saving-as-much-fun-as-spending/

Quotes to ponder:

"It made me happy because, with every rise in the value of our savings, the closer my husband and I came to realize our goal of leaving work in our 50s."

"The more progress we make on our goals, the more we’re motivated to take more actions that help move us further toward what we desire."

"This is a recipe for getting the same thrill from saving as you do when you complete a project."

Episode references:

The Federal Reserve Savings Report: https://www.federalreserve.gov/econresdata/default.htm

The Psychology of Goals: https://www.apa.org/pubs/books/4318112

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