Messy to Magnetic: Money Mindset and Money Management for Women Entrepreneurs

105. Why Your Savings Account is Low and How to Increase It

February 29, 2024
105. Why Your Savings Account is Low and How to Increase It
Messy to Magnetic: Money Mindset and Money Management for Women Entrepreneurs
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Messy to Magnetic: Money Mindset and Money Management for Women Entrepreneurs
105. Why Your Savings Account is Low and How to Increase It
Feb 29, 2024

Welcome back to Messy to Magnetic, where we uncover the secrets to transforming your messy money situation into a magnetic financial success story. In today's episode, host Katy Almstrom, a money mentor and financial coach for self-employed women, delves into the common struggle with savings and offers valuable insights on how to increase your savings. She addresses the reasons why your savings might be low and explores specific strategies to help you save money consistently.

Katy discusses the importance of understanding the purpose of your savings and how having a clear plan can make it easier to hold onto your money. She emphasizes the need to stack strategies for saving, starting with prioritizing short-term expenses and then moving towards building an emergency fund. Katy also explores the mindset around making yourself wrong for using savings in the past, offering a new perspective on how to approach saving without guilt.

If you've ever felt challenged by saving money or found it difficult to hold onto your savings, this episode is a must-listen. Katy provides practical tips and actionable steps to help you reframe your approach to saving and ultimately achieve financial stability. Tune in to discover the right way to save money and overcome common challenges on your journey from messy to magnetic.


The 4-Minute Money Upgrade: https://www.katyalmstrom.com/moneymindset


Connect with Katy:

IG: www.instagram.com/katy_almstrom
FB: www.facebook.com/groups/networthwoman

Show Notes

Welcome back to Messy to Magnetic, where we uncover the secrets to transforming your messy money situation into a magnetic financial success story. In today's episode, host Katy Almstrom, a money mentor and financial coach for self-employed women, delves into the common struggle with savings and offers valuable insights on how to increase your savings. She addresses the reasons why your savings might be low and explores specific strategies to help you save money consistently.

Katy discusses the importance of understanding the purpose of your savings and how having a clear plan can make it easier to hold onto your money. She emphasizes the need to stack strategies for saving, starting with prioritizing short-term expenses and then moving towards building an emergency fund. Katy also explores the mindset around making yourself wrong for using savings in the past, offering a new perspective on how to approach saving without guilt.

If you've ever felt challenged by saving money or found it difficult to hold onto your savings, this episode is a must-listen. Katy provides practical tips and actionable steps to help you reframe your approach to saving and ultimately achieve financial stability. Tune in to discover the right way to save money and overcome common challenges on your journey from messy to magnetic.


The 4-Minute Money Upgrade: https://www.katyalmstrom.com/moneymindset


Connect with Katy:

IG: www.instagram.com/katy_almstrom
FB: www.facebook.com/groups/networthwoman