Thursday, June 11, 2015

** Overcoming the Summer Downfall **

You have all heard the saying, "wouldn't it be nice if money grew on trees?" Oh how great that would be!

It's no secret that with summer, slow season follows. In a position where tips count, it's important to save your money for the summer downfall. No matter how hard you work, hustle, and put yourself out on the line, you find yourself breaking less than $100 a day. What can you do? It would make sense to frown, pout, and dwell on the situation, but what's that going to solve? Of course, you will doubt yourself and your ability to make money, but it's not only you, it's everyone. If you haven't put some money aside, the slow season will be brutal. You may find yourself searching for another position, but trust me, it's not worth it. Especially, if you've been with your current company for over a few years. You have seniority. Do you know how arduous it is to start at square one? Now you know the secret! Save, save, save. Don't buy that new blouse or tv if you don't really need it. Your bank account will be screaming at you later. If you're not a saver, maybe now is the time to learn how to save. Open up a bank account if you don't have one. Try to put $20.00 a week in it for the next 3 months and don't touch it. By the end of those 3 months, you will have accumulated approximately $240.00. Don't touch that money and continue your $20.00 deal for the rest of the year. By the end of the year, if you don't touch the money, you will have $960.00. I know that doesn't seem like much, but that's money you didn't have saved before. If you continue to do it, you will accumulate more and you can use the account as an emergency fund during rough times, especially slow season. That doesn't mean, wipe out the account. It means use the money for gas here and there if you're in a bind because you barely made enough to cover groceries and rent for the week. Learning how to save isn't easy, but it's worth it. If you can do more than $20.00 a week, you will have double the profit in your account. It's hard to make a dollar, so don't waste your money on unnecessary things. Remember, there will be tough times that come along and remind you of how hard you work like slow season. So, why waste your money on worthless items? Remember your NEEDS before your WANTS!!! Unfortunately, there is a slow season and money doesn't grow on trees. Appreciate what you work for and keep working hard! You will survive the summer downfall of less than $100 a day.  When busy season comes along, don't waste that money. Remember how truly hard it is to make and how fortunate you are to have it.

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