Should I be embarrassed if I don’t have any savings at my age?
Many people feel pressure to hit certain financial milestones by a specific age, and savings are often at the top of that list. If you find yourself with little to no savings, it’s easy to feel embarrassed or even ashamed—especially when comparing yourself to others.
But the truth is, financial journeys are deeply personal, and various factors—like income level, debt, and life circumstances—can impact your ability to save. Instead of dwelling on guilt, it’s more productive to focus on practical steps you can take to build financial security.
Learn why savings struggles are more common than you might think and how you can move forward with confidence.
Don’t Be Embarrassed – Just Start to Make Changes Now
Feeling behind on savings? Don’t stress. Even small steps, like setting aside a few dollars, can make a difference over time. Compounding interest works best when you start early, but it’s never too late to begin.
Cut unnecessary expenses, set up automatic transfers, and treat savings like a must-pay bill. The key is to focus on progress, not perfection. Your future self will thank you for every dollar you put away now.
To learn more: How much money should I really have saved by now?
No Savings? Start Today with Just $1—Small Wins Build Momentum
Saving money doesn’t have to mean big sacrifices. Even a dollar a day adds up over time. Small wins, like skipping a coffee or rounding up purchases, make saving feel easy. Once you build the habit, it gets easier to set aside more.
The goal isn’t to catch up overnight—it’s to start and keep going. Every little bit brings you closer to financial security.
To learn more: 15 Mini Savings Challenge Printables To Save More Money
Automate Savings—Set It and Forget It
If saving feels hard, make it automatic. Set up a direct transfer from your paycheck to a savings account so you don’t even have to think about it. When money moves before you see it, you’re less likely to spend it.
Over time, those automatic deposits add up without much effort. A simple system can help you build a strong financial future without stress.
To learn more: How Not to Go Broke for those who are Poor
Use the “Pay Yourself First” Rule—Treat Savings Like a Bill
Think of savings as a non-negotiable expense, just like rent or utilities. Before paying others, set aside money for yourself first. Even if it’s just a small percentage of your income, it creates a habit of prioritizing your future.
This mindset shift makes saving feel like a necessity, not an afterthought. Over time, it helps build long-term financial stability.
To learn more: How to Budget Your Money With Percentages – Cents Plan Formula
Cut Out “Phantom Expenses”
Small, forgotten expenses add up fast. Unused subscriptions, late fees, and impulse purchases can quietly drain your bank account. Take a close look at where your money goes each month and cut what you don’t need.
Redirect that cash into savings instead. A few small changes can free up more money than you think and help you build financial security.
To learn more: 20 Ridiculous Items to Cut From Your Budget
Find Money in Your Budget—Round Up Purchases, Save Windfalls
Every dollar counts when building savings. Try rounding up purchases so spare change goes straight to your account. Unexpected money, like bonuses or tax refunds, is another great way to boost savings without feeling the pinch.
Instead of spending it all, put part of it away for the future. These simple habits can make saving money feel effortless.
To learn more: How to Budget Money and Still Enjoy Life
Flip Unwanted Items—Turn Clutter into Cash
Got things lying around you don’t use? Sell them and put that money toward savings. Old clothes, electronics, or furniture can bring in extra cash with little effort.
It’s a simple way to add to your savings while clearing up space at home. Every dollar made is a step toward financial stability.
To learn more: How to Flip Money: 14 Best Ways to Make Money
Try a “Savings Challenge”
If saving feels boring, make it a challenge. A 52-week plan or a no-spend month can turn saving into a game. Small, consistent changes help you grow your account without feeling overwhelmed.
Pick a challenge that fits your lifestyle and see how much you can set aside. It’s an easy way to build good money habits while making progress toward your goals.
To learn more: Your 52 Week Money Saving Challenge + Free Printable
Invest Spare Change with Roundup Apps
Saving doesn’t have to be complicated. Roundup apps take the extra cents from everyday purchases and put them into savings or investments. It’s an easy way to build wealth without even noticing.
Over time, those small amounts add up. It’s a painless way to get started, especially if saving feels overwhelming.
To learn more: How to Save $5000 in 6 Months: Quick, Easy & Useful Tips for Saving
Turn a Hobby into Extra Income
If extra money is tight, look at what you enjoy doing. Hobbies like crafting, writing, or tutoring can bring in extra cash. Even a few hours a week can boost your savings.
Turning skills into income helps you save faster without cutting into your budget. It’s a smart way to grow financial security while doing something you love.
To learn more: Top Creative Side Hustles Right Now
Negotiate Bills—Lower Rates on Insurance, Utilities, and Services
Many bills aren’t set in stone. A quick call to your service providers could lower your monthly costs. Insurance, phone plans, and even internet rates are often flexible.
The money saved each month can go straight into your savings account. A few conversations could put more cash in your pocket without changing your lifestyle.
To learn more: 10 Ways on How to Drastically Cut Expenses Now
Use Tax-Advantaged Accounts
If you’re not using tax-advantaged accounts, you might be leaving money on the table. Accounts like a Roth 401(k) or Roth IRA help you save for retirement while reducing taxes. While a HSA lets you save money for healthcare expenese.
Many employers even offer matching contributions, which is free money for your future. Taking advantage of these options can make a huge difference in long-term savings.
To learn more: The Real Reason You Don’t Save for Retirement
Think of Savings as Buying Freedom, Not Just a Number
Savings isn’t just about hitting a goal—it’s about choices. The more you save, the more freedom you have to take time off, switch careers, or retire comfortably. Even small amounts put away today can lead to big opportunities later.
Focus on the life you want to build, not just the numbers in your account.
To learn more: What is Financial Freedom? 12 Steps to Achieve It
Compare Yourself Only to Yesterday, Not Others
Everyone’s financial path is different. Comparing your savings to someone else’s won’t help. What matters is improving little by little. If you save more today than yesterday, you’re on the right track.
Progress, no matter how small, is better than feeling stuck. Your only competition is yourself.
To learn more: Avoid the Trap of Lifestyle Creep and Reach Financial Freedom
Your Savings Journey Starts Now, and That’s What Matters
It doesn’t matter when you start—just that you do. Worrying about the past won’t change anything, but taking action today will. Even small steps can lead to big results over time.
The important thing is building a habit that works for you. A solid financial future begins with one decision to save and repeating money mantras is helpful for motivation.
To learn more: Top 50 Money Mantras to Boost Your Financial Freedom
Start This Biweekly Money Saving Challenge
Struggling to save? Try a biweekly challenge. Setting aside a small, fixed amount every two weeks makes saving manageable. It helps build a habit without feeling overwhelmed.
By the end of the challenge, you’ll have a solid amount saved with little effort. It’s a simple way to grow financial security step by step.
Follow Money Bliss for practical advice, creative ideas, and the motivation you need to stay on track.
To learn more: The Ultimate Biweekly Money Saving Challenge
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