Customize Your Savings Strategy
Getting back to “Say Anything”…did Lloyd Dobbler lose in the end? No. Why? Because of a good movie script. And why else? Because he:
· assessed his situation
· developed a smart plan of attack
· didn’t lose sight of long-term goals
Same goes for investing when the sky is falling.
Cyndi Finkle agrees, “As a personal finance saver - I am continuing on my path of saving as much as I can, consistently, and not letting the crazy markets derail my efforts. I have separate savings accounts for the college fund 529, the private school fund, retirement fund, vacation fund, and emergency fund. I have auto savings into all the separate accounts.”
Maybe your approach is like Cyndi’s – or maybe you’ve found other strategies that work best.
How are you staying smart in the face of another stock market crash?