4 Steps Families Can Take to Begin Saving Some of Their

Hard Earned Money

Advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Institutional Alliance, a division of CWM, LLC, is a nationwide partnership of client-centered, growth-minded advisors.

1.Change your AttitudeThis doesn’t seem like a big thing, but your attitude means a lot.

You have to want to save money.

Change your mindset to be a Saver not a Spender.

Lifestyle CreepAs you grow and your lifestyle changes, it’s natural to start wanting more, like; a house, a new car, etc.

But, don’t increase your lifestyle too soon.

Control it, understand it, and time it.

2. Create AwarenessStart by tracking your day-to-day spending.

If you are aware of what you are spending your money on and why, it will help you to decide what changes you would like to make to begin saving.

3. Pay Yourself FirstWhen most people receive their paycheck, they normally pay all of their bills and spend money on other things and see what might be left to save.

To be a saver: you need to set aside a portion of your paycheck and put it directly into your savings/retirement account.

4. Implement a PlanCreate your own monthly spending plan!

Once you create your plan make sure you stick to it.

Creating Choices

You shouldn’t save only when you have something to save for.

It’s always important to save for things that can happen down the road.

Save now so you can have choices in your life.

SummaryBy following these 4 tips, you will be well on your way to becoming a

Saver instead of a Spender.

Advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Institutional Alliance, a division of CWM, LLC, is a nationwide partnership of client-centered, growth-minded advisors.