I’m so glad you liked the post, Reba, more so since it seems the post acted as a refresher for Money Allocation and Savings 101. 🙂

Many of us didn’t have a formalized method of saving other than knowing that we had a goal and kept money aside in a specific account for it, Roslyn. For employed people, many of the goals that we should have like saving for retirement or an Emergency Fund are already deducted and invested for us if the company has a scheme or if there is a statutory requirement. Its when we decide to set up our own coaching, consulting or business that discipline and a system becomes crucial to ensure that we continue to invest in our future funds while maintaining our present lifestyle.

I love the idea having a goal oriented piles of money energized with intention, Joy. What a wonderful way to save with gratitude. The next step is to open savings accounts to enable the principle of compounding interest to make that money work for you.

Setting up separate savings accounts and having your investments managed by a professional advisor is savvy finance management, Beverley. Bravo!

We have something in common – coin and note collection! As a child, my father helped me build it up during the course of our travels and I have coins from many of the countries where I lived and visited. In later years I acquired a few notes too. My favorite is the 1 Rupee note which was freshly printed in 1985. These notes are still available in the market but rarely. Many of my Indian coins and notes are no longer in circulation and I know that someday they may just become a collector’s item. It’s another thing that the collection started as a hobby though. 🙂

The intention with this series of posts and the teleclass is to raise awareness of our control over our money, no matter how much we have and help the reader to create their own money management strategy as part of Financial Literacy month. You’ve nailed the idea!

Having had a long-time fascination with money, I have very old bills, as here in Canada, they have changed our paper currency over the years and each earlier unavailable incarnation, I believe, will become more valuable as time goes on.

This method you share sounds like a very good one to bring people to some consciousness about their finances. I have a method for giving as well, and make sure that is a key part of my overall money strategy too. Thanks for sharing the Jars Method. I like T. Harv Ecker as well and appreciate you reminding us/me of him again too.

I love the way you are teaching your son the values of giving and saving. It will keep him in good stead in the years to come. I’d suggest setting up a separate budget allocation for your education and play. The investment that you are making in your professional development will motivate you more when you can see where the money is going and in a way, help you avoid shiny object syndrome too. I’m looking forward to having you at the teleclass, Kimberly.