23 Money-Saving Tips You Can Start Trying Today – SELF

  • November 5, 2021
  • By: Greenpath Financial Wellness

Excerpt from SELF discusses ways to reestablish credit with insight from Financial Wellness Expert, Jeff Arevalo. Read the full article.

Saving money can seem difficult, but it can become easier when you break it down if you start small. Saving any amount of money will improve your well-being.

Savings also provide an important safety net when something unexpected happens, like a job loss or emergency medical bill, adds Jeff Arevalo, financial wellness expert at GreenPath. “To have savings to fall back on just helps with your stress level,” he tells SELF. Many Americans lack the savings to cover an emergency. In a 2021 Bankrate survey of 1,003 people, only 39% of respondents said they could cover a $1,000 unforeseen expense with savings.

If you’re not sure where to start, check out these 23 money-saving tips!

money saving tips

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Jeff Arevalo

Jeff Arevalo is a Financial Wellness Expert and has been with the Greenpath since 2006. He possesses a strong passion for helping others and takes great pride in providing strong financial education and effective money management tools to help make a difference in people’s lives. Jeff and his wife recently welcomed a baby boy to their family and are excited to navigate the world of parenthood for the first time.