Savings Tips

Here’s a simple truth: It doesn’t matter how high your salary is, if you’re spending more than you earn, you’re going backwards. And if you’re spending everything you earn, you certainly aren’t saving.

Without savings, what will you do if an emergency suddenly comes up? What if you were to lose your job or receive a pay cut? What if you couldn’t work because of an injury or illness? What if your household lost yours or your partner’s income? In those circumstances, many people rely on credit cards and personal loans to get them through. This is one of the commonest roads to financial hardship.

MyBudget teaches people how to save.

Around only one percent of the members of the public who approach MyBudget have savings. Those who become MyBudget clients quickly learn how to save. As a result, 100 percent of clients who become MyBudget clients have a savings plan incorporated into their budget.

Learning how to save doesn’t have to be tiresome or difficult. We hear many people say “How can I save? I can barely make ends meet.” At MyBudget we understand where you’re coming from, but we can also assure that with a workable budget in place you will be able to save.

For most people, budgeting sounds like hard work and no fun. That’s not true. In fact, people quickly discover that taking control of their finances and learning how to save through budgeting is actually incredibly motivating and empowering.

How to save for the future you desire.

Learning how to save starts with a free consultation where we will assess your financial situation in detail. As well as analysing your income and expenses, we closely examine your debts and savings goals. Even if you decide not to proceed with MyBudget, your customised budget plan and our recommendations are yours to keep for free.

At MyBudget, every single budget plan we create includes a savings plan. No matter what the client’s level of income or debt, every MyBudget client has a ‘how to save’ strategy in place from day one.

We start by helping you build savings to cover emergencies and life’s unexpected hurdles. You may not be able to save a great deal at the beginning, but as you begin to pay off your debts, we’ll show you how to save increasing amounts of your income for other goals, special events or projects.

MyBudget is very successful at teaching people how to save.

Our clients experience incredible levels of success because MyBudget does the heavy lifting for them. We manage our clients’ money on their behalf by ensuring that their bills are paid on time, creditors are taken care of, savings are deposited and, most importantly, that there’s always enough money to meet living expenses.

Of course, one of the keys to saving well is to ensure that your savings are not readily accessible. MyBudget’s system protects you and your savings from the natural temptation to spend your savings on non-essential items. Should an emergency or important opportunity arise, however, your savings can be quickly transferred for access. Your money is always there when you need it, but our system reduces opportunities for impulsive spending.

As you learn how to save and budget, the fun part is watching your debt go down and your savings go up. You can access your budget plan and transaction history through our secure Client Website at any time.

At MyBudget we don’t pretend that learning how to save is always easy. MyBudget clients will tell you that reducing debt and building savings demands discipline and commitment. But the task is easier, faster and more likely to succeed when you have a mentor like MyBudget keeping you on target. We’ll also show you how to save money on everyday items so you can get ahead even faster.

MyBudget helped Leah and Kerin learn how to save. We can help you, too.

Leah and Kerin wanted to buy a house, but because of personal debts they were always going backwards. MyBudget helped them get out of debt and showed them how to save. They now own a home and investment properties.

Start saving today. Learning how to save is a phone call away.

A free consultation with MyBudget is an opportunity to gain deep insights into your financial situation and all of your options. Even if you decide not to become a MyBudget client, the budget plan we prepare for you is yours to keep at no charge.

Change doesn’t have to be difficult. The first step is always the hardest, but in this case it’s as simple as making a phone call. Take the step today to get out of debt and start saving. It’ll be the best decision you’ve ever made.