7. STRIVE FOR FINANCIAL INDEPENDENCE
This is an obvious one, we know, but the concept of it is still an important one. After all, many people have their own version of financial independence. Not only that, but sometimes you have to settle with the fact you can’t quite reach financial independence yet.
According to the supersavers, financial independence means
having enough money to pay the bills and expenses while living the lifestyle
that you want to have. All the while, you’re not relying on your parents or
other family members for support.
Financial independence means that to most supersavers, but
the definition can also extend to them never having to work for money in some
cases.
To most of those surveyed, the top definitions are described
as being able to pay bills without worry, still being able to pay bills if they
lose their job, not having credit card debt, and being able to splurge.
Based on those definitions, 54 percent of supersavers say
they are financially independent, 41 percent aren’t, but have a path to get
there. Only 6 percent say they’re not financially independent.
8. CHECK YOUR BANK ACCOUNT OFTEN
Another good habit that you want to get into is checking your accounts on the regular.
Especially your bank account. This is a big problem as many
people aren’t always aware of how much money they actually have. Many believe
they’re richer than they are led to believe when that’s not the case.
Checking your bank account on the regular allows you to
bring yourself back to reality and helps you to focus in a sense. As soon as
you know how much you have left, you’ll know if you need to be saving more or
can justify other plans that you have.
From the survey, 86 percent have somewhat or strongly agreed
to checking one’s bank account.
9. STOP WORRYING ABOUT COVID-19
While there is still a pandemic going on with plenty of losses and suffering as a result, you shouldn’t let that news get in the way of your finances. While the economy is in disarray, it’s still marching on and you’ll want to be part of that too as much as you can.
This is the sort of attitude that supersavers have. Over
half – 57 percent – of the survey respondents stated they are planning to save
the same amount of money as they did last year. Only 31 percent have said
they’ve made no financial decisions or changes due to COVID.
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