Are You Sabotaging Your Savings Goals? 💸

[How to Make Sure Your Spending Habits Don’t Sabotage Your Savings Goals]( Ever feel stuck between “I need to save money” and “you only live once”? Don’t worry, we’ve all been there. It’s an expensive world we live in, and we’re all just trying to live our best lives. Treating yourself to dinner at a swanky restaurant, splurging on that buzzy but overpriced face serum, and finally booking that trip to Europe you’ve been dreaming about for ages—these all have the power to romanticize your life. They also have the potential to sabotage your savings goals, too. It’s a fine line to walk between spending and saving, which is why we chatted with Robin Growley, Head of Consumer Deposits at Bank of America, to get her expert advice on how to balance it all. Her biggest takeaway? Make a budget. “The awareness that a budget gives you of your financial situation is important to your financial health,” says Growley. Not only does it help you keep track of where your money is going each month, it also prevents you from accidentally spending it all before the month is over. Here are her top tips for creating a budget that balances saving with spending—so you can enjoy life now and in the future. “While FinTok seems to offer a new budgeting trend every other week,” says Growley, “the best budgeting method is the one that works best for you and your lifestyle.” If you prefer the ease of a mobile app, Bank of America’s app has a [budgeting feature]( that allows you to view your spending trends and help you identify where you are frequently over or under budget. Having a clear picture of your finances empowers you to be in better control of your money and gives you the flexibility to spend money on things that bring you joy in the present (like that monthly mani-pedi) while also making sure you’re saving for things that’ll bring you joy later in life (like traveling the world when you retire). [READ MORE TIPS ON BALANCING SAVING & SPENDING]( This email is sponsored by Bank of America, but all of the opinions within are those of The Everygirl editorial board. Copyright © 2023 The Everygirl, LLC, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: The Everygirl, LLC 222 S. Morgan St. #2A Chicago, IL 60607 [Add us to your address book]( Want to change how you receive these emails? You can u[pdate your preferences]( u[nsubscribe from this list.]( This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( The Everygirl · 222 South Morgan St · #2A · Chicago, IL 60607 · USA