How To Save In A World Of Spenders

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Information for this post about how to save in a world of spenders is sourced from Genworth Financial in partnership with the SheHeard Influencer Network.

It seems like everywhere I go, there’s someone or something trying to get me to buy something. Between commercials, billboards, new fun products, and societal expectations, it’s never ending. Most people want the newest electronics, the newest clothes, the newest toys. So how do you save money when most things in this world are telling you to spend it?

How To Save In A World Of Spenders

Budget – Create a budget and stick to do. Within that budget, factor in different types of savings – things like an emergency savings (in case your car breaks down or you lose your job), a college fund for kids, and retirement (this one is especially important it doesn’t come directly out of your paycheck). I’m only 29, so I really haven’t though much about retirement, but then I came across an article on U.S. News called “12 Important Retirement Planning Deadlines“, I realized I’m really not that far off! I didn’t know that if you don’t make certain age cutoffs, you could face higher taxes, penalties and fees – so read the article if you get a chance.

Invest – No matter how much or how little you have saved, invest it. That way, you’re at least earning something on that money. 401k’s and IRA’s for retirement. CD’s, Money Markets, and 529’s for other money.

Pay Off Debt – This can range from credit cards to student loans. Pay off the smallest one first, and then work your way up. If you have debt, you’re not going to be able to save.

Don’t Shop – If you don’t have the money, that is. I personally think “window shopping” is a terrible idea. That’s right, I said it. Terrible. It just tempts you to buy something that you either don’t need or don’t have the money for.

Use Cash – It’s so much easier to make unnecessary purchases if you’re using a credit card. This way, you’re not spending more than you have.


How are some ways you save?


  1. I agree! It is difficult to save or pay off debt when there is so much pressure to buy, buy, buy!
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