“Do not save what is left after spending, but spend what is left after saving.”

– Warren Buffet

Paying yourself first: we all know we need to do it, but a surprisingly few do. A recent Federal Reserve survey discovered that about 46% of Americans do not have enough money saved to cover a $400 emergency.

This mean that in times of stress, non-savers may have to resort to credit, loans, or borrowing from family to dig out.

Take a small step everyday toward building up your savings account. A little bit becomes a large amount over time!