My personal Savings plan
Step 1
Save cash and food as a survival fund.
Have a stash for emergency of at least $200 or more and stack up on food so you don't have to buy fast food as much.
Step 2
Get money orders send to a Growth savings account that has no debit card or instant access to funds 10% of current earnings no less than $10.
The reason I use money orders because obvious the chance of them bouncing is slim to none, and not having access to your account gives you time to think about if you really want or need to take out money.
After you are discipline enough automate your savings account to take money out your account every pay period.
That's why its called a growth fund you don't want to stunt your growth.
Your growth fund should be looked at as your wealth fund you want it to grow till you're wealthy basically $100,000- $1,000,000 +
Step 3
Save money in a Savings account as an Emergency Fund that is attached to a checking account save 5% of current earnings no less than $5.
Put funds away for an emergency like a car going out, a furnace going out.
Emergency Fund can be whatever you're comfortable with $500-$10,000 depending on preference
Step 4
Save Precious metals as a cushion and a foundation of cash savings.
As a cornerstone to your liquid savings a few bitcoins an precious metals like gold, silver, platinum bars can give you a comfortable wealth backup.
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