Save $1000

How to save $10,000 in 2021?

GOAL 2. Invest Wisely

The reason I do not want to give the set amount and set a due date for this goal is that look at what 2020 did to us. Very few of us can be absolutely sure about where the economy goes in 2021. If you are sure, forgive me and if you don’t mind sharing, please enlighten me and many others like me.

Checklist

I want to be conservative in my investments. But not be too conservative. What’s the fun in that really?
But we don’t want too much risk-taking fun either. So, I am investing my time wisely to learn about investing wisely!

No pun intended.

Time is money for us. You all agree? So, investing my time to learn basic and advanced financial principles makes sense. Let’s be honest. Some basics will never change- pandemic or not. But there are some new changes happening in the financial markets- are you hearing me Bitcoin?

I better learn them before it’s too late. How about you?

So to make this goal happen, my only action step is- learn every week about bitcoins, cryptocurrencies, foreign exchange and start some practice with paper money. In fact, in January, I will document my journey on this very topic. What I’m learning, what I’m implementing, what’s working, and what’s failing miserably. Do you all want me to document that journey here on this blog or create another blog just for this topic?

Let me know what you think, I would be happy to create another distraction-free blog., not that there are many distractions here on this blog- but it’s more like a lifestyle blog- a frugal lifestyle I mean. It can get distracting pretty quickly if you are into frugal stuff.

For those of you who are still waiting for a resolution topic, I’m sorry I waited this long to write about it.

Here you go!

Making your 2021 resolutions count!

I want to take a different spin on the topic of the resolution this year. In fact, I want to rename it as 2021 kick-ass habits. If you are new here- know that I like to name all my goals weirdly- so that they will sound odd to you but they make sense to me and my family.

Read how we are making our 2021 resolutions work for us here.

How to save $10000 in 2021 infographic

In Conclusion

This year we are accelerating our saving goals more than any year in the past. One of the biggest steps towards it is to commit our saving resolution here. Choose any one of the options I suggested here. You do not need to pick up just one, you can combine them as they suit your life and the season of your life. Just start now before it’s too late. I will be documenting various ways we are going to reach the $10,000 saving goal on this website. Stay Tuned!


This article first published on Consciousdebtfreelife.com

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This article first published on Consciousdebtfreelife.com If you enjoyed this article, please consider sharing it on your favorite social media platforms. It will make my day. Thank you!

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If you like this article and want me to write similar articles for you to publish on your website, please contact me for a freelance writing request or write to me directly at contact@consciousdebtfreelife.com for custom writing requests.

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Comments

    • James
    • January 1, 2021
    Reply

    Nice article and good tips on saving $10000. I am going to follow this procedure. I have started my automatic transfer to a saving account that can’t withdraw money from until I physically go there. Thank you.

      • Dee
      • January 1, 2021
      Reply

      Thank you James. That is a very smart choice! Having an easy access to the savings back account is too tempting when you feel like spending the money you worked so hard to save up in the first place. I can’t wait to see your progress! Happy New Year.

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