This is a sponsored blog post written by me on behalf of SunTrust Bank. The opinions and text are all my own.
Summer is starting to wind down, here soon my kiddos will all be back to school and the hot, dog days of summer will be behind us. Summer will soon only be a memory. Seriously, where has the time gone? It seems like it was only yesterday that the kids were getting ready to finish the school year and we were planning on how to spend our summer.
For my family a big part of the summer was planning to go to my younger brother’s wedding. While weddings are expensive they are not only expensive for those throwing the wedding but they can be expensive for their guests was well. Depending on where the wedding is you are left needing money to pay to travel to the wedding, and a hotel room. Then there is the matter of what to wear to the wedding. Do you have something in your closet that will work or do you need to buy something. Don’t forget about your family, does your husband need a suit? What about your kid’s? How is your hair looking, you may need to make an appointment for that. Your nails too while we are at it. Oh and we can’t forget the kiddos, those boys could use a haircut. Then we can’t forget a wedding gift that is in addition to the wedding shower gifts. Weddings are expensive and being a family living on mainly one income that means one thing we need to set aside and save money.
Being financially responsible is just part of my families life. Sure we could buy things and use credit cards but we would rather not have the debt. We choose to save our money for all of the important things in our life. While we have an emergency fund and save for rainy days we also save for sunny days. Sunny days include things like vacation, special occasions like my brother’s wedding and Christmas and birthday presents. My husband, our families chief financial officer, has both short and long term goals planned out. We work together on the different things that we want to save up for.
When we decide to add a new savings goal there are a few things we do. The first step is figure out how much money we are going to need. To do this we get out the good ole pen and paper and make a list. Everything and anything related to our saving goal is added to the list. No item is too small. When it comes to saving having more money is better than not enough money to obtain your goal. Once we have our list created we figure out the costs of everything on the list and add it up. We now have our savings goal. Once we have our savings goal we can then look at our family budget and figure out we can reasonably save towards that goal.
Being able to save and reach your goals gives such a great sense of accomplishment. You did it and you don’t need to worry about how you are now going to repay loans or pay off credit card bills. I know I feel much better not worrying about how i’m going to pay those types of bills. It also allows me to look into the future at what I may need to be saving for next. For my family it looks like we will be going to another wedding next summer as my parents renew their vows for their 40th anniversary! I guess we should start saving for that Sunny Day!
SunTrust Bank feels that we should all be planning for our sunny days. They believe that everyone deserves the financial confidence and control to live a life well spent. Everyday should be a sunny day and spent enjoying all the moments that matter most to you.
What is your sunny day? Begin planning yours at yoursunnyday.com
Sunny Days start here. At SunTrust, we have the tools and resources to help you achieve your sunny day. Start here to find out how we can help you enjoy the things that matter most to you.
At SunTrust Bank their purpose is lighting the way to financial well-being. When you feel confident about your money, you can save for your goals and spend knowingly on what matters most to you. They know we all live for the sunny days and want to you help you live yours.
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This is a sponsored conversation written by me on behalf of SunTrust Bank. The opinions and text are all mine.