#015 How Can I Actually SAVE Money in 2026?
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About this listen
Stephen Covey, the author of 'The 7 Habits of Highly Effective People' quotes one of his habits as "Be Proactive." You've got to be proactive if you want to start saving money.
In order to be proactive, you need a PLAN. Which means you've got to find a money system that resonates with & motivates you. It doesn't have to be the Matt Money System, but it's got to be something.
Exercise from the episode: (edit for your numbers)
Minimum Balance in Checking Account = Monthly Rent $1,000
Paycheck 1 (received on the last day of the month or 1st) $2,000
Rent (1,000)
Utilities (300)
Saving / Investing (800)
Insurance (100)
Payday 2 (Received on the 15th) $2,000
Credit Card Payment (Monthly on the 20th - 28th)* (1,800)
Ending Balance $1,000
*Credit Card encompasses groceries, restaurants, transportation, memberships & subscriptions, shopping, fun, etc.
**If you're paid bi-weekly, timing will be slightly different but the same method will apply.
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