Listen to this episode of the Crushing Debt Podcast:
What is soft savings? Why would you want to embrace it? What are some tips to balance soft savings and hard savings? What are some red flags to avoid with soft savings?
In this week's episode of the Crushing Debt Podcast, Shawn & George talk about soft savings — basically savings practices that may not be measurable or something that can be quantified. It involves spending for experiences, rather than saving for later. Soft savings is really just a mindset around what and how to save.
Let us know if you practice soft savings, hard savings, or some combination. And please share this episode with your friends!