Despite a miserable financial reality—bounced checks, late mortgage payments, bank overdrafts, inner turmoil, and lack of sleep—you will still find people telling you that they can’t afford to save.
The reality is that they can’t afford not to save.
Helping a friend or a loved one move from the “I Can’t Afford to Save” mentality which focuses on financial problems instead of solutions is a heavy load. While you can’t take on their burdens, here are some concrete solutions and baby steps to help them move from living paycheck to paycheck to financial solvency.
Frugal Feministas—Can you really not afford to save? How are you using the resources that you have to make a way when you think there is no way?