Daily Dose of Living

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Get ready to maximise your potential, maximise your living with empress2inspire’s new posts series “Daily Dose of Living”. These series will bring you the best in personal development and productivity every day of the week. Your best life awaits.

In today’s post we will learn about how and why it is important to build a money cushion in the bank. It makes more of a difference than you might think. Building up a cushion in my bank account isn’t a complicated concept: instead of having just about exactly what you need to pay my bills (and transfer for savings), and then getting down close to no money after all the payments are made and transfers completed, decide to try to have a larger amount in the account, even after the bills are paid. Building a cushion helps create a sense of security, knowing that in addition to my emergency fund…

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2 thoughts on “Daily Dose of Living

  1. The importance of saving money is simple: It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. And, if you have savings set aside for discretionary expenses, you may be able to take risks or try new things.

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