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Article Title:
==============

Are You Working Too Hard At Saving Money?

Article Description:
====================

You work hard for your money.  And chances are, you work even
harder to 'save' some of that money.  But what happens when a
year later you're not any closer to achieving your savings goal?
That's exactly what happened to Heather.  See if you can relate
to her experience during rush hour on a sweltering, humid evening
not too long ago...


Additional Article Information:
===============================

702 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-08-29 11:00:00

Written By:     Darlene Arechederra
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]


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Are You Working Too Hard At Saving Money?
Copyright © 2006 Darlene Arechederra
Rat Race Remedies
http://www.RatRaceRemedies.com



You work hard for your money.  And chances are, you work even
harder to 'save' some of that money.  But what happens when a
year later you're not any closer to achieving your savings
goal?

That's exactly what happened to Heather.  See if you can relate
to her experience during rush hour on a sweltering, humid evening
not too long ago...

...Heather dragged her tired body from the passenger seat of the
tow truck, relieved when her heels hit the surface of her
driveway.  A few minutes more and she could soak up the air
conditioning inside and worry about how to get to work tomorrow.

Heather handed over her credit card information, hoping the
driver would be quick about it.  She'd dearly love to step away
from these diesel fumes.  The humidity alone made it difficult to
breathe, and she was exhausted.  What a day it had been!

But, at least she was finally home -- three hours and $65 later. 
How could she have known the transmission would call it quits
right in the middle of rush hour?   Her mechanic had been warning
her for months now.  She'd hoped it would hold out until she had
money for the repair work.  But it certainly hadn't worked out
that way.

As it stood now, Heather had no money for a transmission, whether
used or new.  She couldn't afford new car payments, either. 
And, she'd been using her credit card more and more lately.

She'd certainly worked hard to save money over the past 12
months.  She'd brought her lunch to work each and every day. 
She'd cut out all long-distance calling, as well as reduced her
overall spending.  She'd found more ways to save, absorbing
every article and newsletter she could get her hands on.  By her
estimate, she had saved close to $3,000 just in the past year.


All that Work -- for Nothing?

But, where in the world was the $3000 Heather had worked so hard
to save?  It wasn't in her checkbook today, when she truly
needed it.  And she knew without looking that it wasn't in her
savings account.

Unfortunately, the *Money Sponge* had been visiting Heather's
checkbook while she went about the business of living.  This
meant that, while she was so busy working hard to save more
money, her money was quietly and steadily being absorbed by the
Money Sponge.

Heather's $3000 wasn't taken out of circulation, put into a
savings account, or otherwise tucked away.  It was left high and
dry, totally defenseless in her checkbook.  Bite by bite, the
Money Sponge absorbed it, and there is now no evidence that
Heather saved that $3000.

She'd needed that money urgently today, but it simply wasn't
there. It slowly got spent on other things.  She had no idea what
those things were, but tonight she's feeling that she's no
better off than a year ago.

All that work for nothing!


The True Secret to Getting Ahead

Though she was discouraged, Heather learned a valuable lesson
that day.  She must put up *all* money she saves.  If she
doesn't, she'll continue to work hard at *saving* yet never
really get ahead.

If the money will not be there when she needs it, why is Heather
working so hard to save it?  And, how long will she stay
motivated if she never sees the 'fruits' of her labor?

Heather learned another great lesson as well.  She discovered
that, if she doesn't begin putting up the 'smaller' amounts of
money she's saved, chances are she'll never put up any
'larger' amounts. That day simply won't arrive.  Small truly
is better than nothing.

Now, the Money Sponge is sitting there quietly, comfortably
settled in for the years ahead.  But Heather will win this
battle, hands down.

How about you?  Has the Money Sponge been visiting you lately? 
Why not cut off its supply by deciding exactly *how* you'll tuck
away that little bit of money, even if only $5 at a time.

You work too hard for your money, and you use a lot of energy to
avoid spending it.  Why not take it out of circulation -- and
celebrate each time you move a bit closer to your goal!




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Darlene Arechederra is the author of Savvy Saving for 
Busy Women -- a guide for those new to saving.  For free, 
easy ideas on saving money, visit her site today at: 
http://www.RatRaceRemedies.com . Please feel free to 
republish this article as is, with the above hyperlink 
intact and working.


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