According to Bankrate, over half of Americans have less than 3 months' worth of emergency savings. For 2021, the survey states, 25% of respondents don't have any savings at all!

Why does it happen? The answer lies on the surface - not all people know how to properly manage their financial resources. Coaches and finance experts first recommend that all those who attend their courses develop financial habits. Good financial habits are what make the difference between rich and poor.

It might take some time accumulating money on your own, but hey, you won't be in debt to anyone. And think how cool it would be if you could someday say to your kids, "I did it all by myself".

Funding a company with your own money is realistic, if you start small. If you have a new idea, you don't need billions to make it come to life. A good business idea can deliver revenue even at low volumes.

Try opening a different business-account for savings, reconsider spending habits, and replenish your account when you have spare money. We also recommend you to start keeping track of your budget. No fancy apps (unless you'd like to create one) - just get a template from Microsoft.