australian money Saving: Wont get rich, though its a start As you may have noticed, I have two bars on my sidebar (right). The first one is how much money I have placed in my savings account, the second, my debt accumulation. I don’t wish to focus on having debt or even the thought of it, however the more I visualise no debt and money saved, the easier I will keep out of it.

Being young and in my first “full-time” job so to speak, is hard focus on saving. I won’t lie, I want to head out every weekend and party till dawn, unfortunately waking up Sunday and looking at what I spent the previous night isn’t always pretty.

I won’t get rich by saving money, however it’s definitely a start to wealth, especially at my age. The quote “you need money to make money” is true in some respects, however it’s more training and discipline. My goal is to save money consecutively, to get my mind in a habit of saying, “when we put money away, you don’t touch it”, it’s that simple.

My Dad, we’ll call him Jack for now, isn’t a millionaire in monetary form however, is a billionaire in experience which has ultimately led to wisdom. He has taught me the importance of learning how to manage money (amongst many other things) at a young age which I’m very grateful for, even though I’m far from any landmark currently.

My first goal is small, $1,000. Actually, tiny to a lot I’m sure though it’s clearly a testing and learning phase. I save $1,000 in 2 months, I then save $2,000 in 3. The snowball effect grows bigger when your mind has adopted a new habit, like exercising. It’s hard to start, but when you do it for more than a month consecutively, it becomes natural and needed.

So, keep an eye on it and watch it grow…hopefully!

I’m always looking at finance, saving and investment blogs so if you stumble across mine, give me a link and I’ll return the gracious favour! (Just contact me)