Saving: The “I’ve got to go to the gym” problem

There are a couple of obstacles you’re likely to trip over when you finally figure “Hey, saving is a great idea.” The First one is the “I’ve got to go to gym” problem.

You know how you keep telling yourself that you have to go to the gym and when you finally do you work out to much or too hard?This can happen in saving, where you figure “yeah 10-15% is good but I think saving 30% would be Great!!!” 

So what happens? You put your money into savings but then you don’t have enough to pay your bills so you have to take the money back out. This violates the sanctity of your savings account. It’s like popping a soap bubble.Once you get into the habit of taking money back out it’s not a savings account anymore, it’s a temporary resting place.

Save the right amount and put it away.