While putting money aside for your opportunity fund might not seem like the most exciting use of your paycheck, it’s an integral step on your financial freedom journey.
There are countless advantages to knowing where your money is going and making sure it’s working for you. So, what are you waiting for? Go be the boss of your finances.
While “setting and forgetting it” is exactly the strategy to simplifying and growing your savings, it’s also a good idea to be flexible with your saving amounts. When you feel confident that you can save more or you have a positive change in financial status such as a raise at work, it might be a good time to increase your automatic savings amount.