How to Save When You’re Cash Strapped—A True Story

Q. I know saving money is important, but what if there’s nothing left over to save?

A. I’ll let Suzanne Ahmed Leonora respond. She answers this question better than I ever could. When I got an email from her last week, I was so inspired, she gave me permission to share it with you.

“Barbara, I really feel that ‘pay yourself first’ has been critical to my success. I’ve been saving this year and paid off $2000 of debt.

I started small, of course, with $5 per monthly paycheck which I moved into my savings account before I even bought food. And I always said thank you.

That simple gesture felt so strange, so right, and so powerful. As time has gone on, I’ve been able to increase what I pay myself enormously.

When the next medical crisis hit — there’s always a next one — I was no longer one of the many Americans who, sadly, can’t lay their hands on $400 in an emergency.

I was truly grateful not to have to panic, not to have to overdraft, not to have to find a loan. I calmly moved the money out of my very liquid savings account and paid for what I had to.

Wow, did I ever feel competent. And very, very blessed.”

As Suzanne’s story clearly demonstrates-The rewards for consistently saving, even small amounts, go far beyond money.

Putting aside money for yourself will leave you with a great sense of calm, increased confidence in your ability to handle emergencies—and, best of all, you’ll feel truly blessed, even when hard times hit.

Does saving money seem like a step toward abundance or deprivation to you? Why? Leave me a comment below.


 

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Comments & Feedback

  • Caroline Chapman

    I completely relate to Suzanne’s experience! I started doing this years ago, and really found your advice about having a “touchable” and “non-touchable” savings account to be very helpful.

    I love Suzanne’s added step of saying “thank you.” Saving money feels like a tremendous step towards abundance, and I am so grateful to have “re-wired” in this belief. Thank you, Barbara!

    • barbara huson

      Caroline that’s wonderful to hear!!! Sounds like you’ve done a great job of ‘rewiring’!!! I’m so glad you posted!!!!

  • Lisa

    I like Suzanne’s added step of saying “thank you, too” ! Gratitude is one of the key elements of feminine energy.

    This might sound mystic, but when a woman is genuinely grateful for whatever she has, no matter how humble it is, like the roof over her head or the $5.95 in her savings account, she starts to receive more!

    • barbara huson

      Lisa, I totally agree with you about expressing gratitude. As the saying goes: ‘what you appreciate, appreciates.” How true! Thanks for writing.

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Meet Barbara Huson

When a devastating financial crisis rocked her world, Barbara Huson knew she had to get smart about money… and she did. Now, she wants to empower every women to take charge of their money and take charge of their lives! She’s doing just that with her best-selling books, life changing retreats and private financial coaching.

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