All of us dream of being rich and successful, but how far are we willing to go to achieve that dream? It’s a question that’s ever-present in our society, in the push and pulls between working hours and personal life, in how much effort we’re willing to put into raising our income.

Ironically, most people put a tenth of the effort into saving that they put into making money. For whatever reason, we as a society tend not to value saving as a way of reaching financial success, which is a pity since saving has a fair few benefits over income.

Most people work hard to earn money, but save too little. Saving, though, unlike earning, can be scalable, passive, and tax‑free. The question is, how far will you go to save money? Here are three levels of saving your money wisely:

Level 1: Changing Little Things 

This level of savings is largely about cutting out the small, extraneous things in your life that you don’t need and won’t much miss. For example, instead of getting coffee every morning, get it every other morning, or better yet don’t get it at all. It may seem inconsequential, an expense that’s too small to notice, but little amounts over a long period of time can add up to big amounts.

On the reverse side, apps like Acorn take the extra change left over from your purchases and put them into a dedicated savings account. This is such a small amount you’ll never notice in the moment but will save you money in the long term.

Level 2: Cutting Out Luxuries

This level begins to cut into your life a little more and requires a greater commitment to saving. Vacations, eating out, and expensive clothes all fall into this category. They’re luxuries things that are nice to have but not by any means necessary. It can be a bitter pill to swallow to go without them, but if you’re serious about saving money, then they have to go by the wayside.

In terms of investments, at this level, you should start taking advantage of a 401(k) (if your employer offers to match) and more active forms of retirement than letting your money sit in a savings account.

Level 3: Making Sacrifices 

This last level isn’t necessary for everyone, but if you’re dead set on saving all the money you can, then it’s what you have to do. At this level, you’ll start actively sacrificing things to save money: living in a cramped house for example, or forgoing a car to avoid the cost of monthly payments and gas. These measures are extreme but will save you money at a much higher rate than the first two levels combined.

 

When Saving Isn't Enough: Flex Loans

If you're facing a financial emergency, a flex loan might help. Tennessee Title Loans, Inc. offers flexible, fast credit lines of up to $4,000:

• How it works: Borrow what you need, repay, repeat—within your credit limit.
• Minimal requirements: ID, vehicle title, proof of income—no perfect credit needed.
• Get cash fast: Apply online or in-store and get approved in about 30 minutes.

Learn more in our Flex Loans TN guide to see how these loans work.

FAQs About Flex Loans

What is a flex loan?

A flex loan is a revolving credit line (like a credit card) tied to your car title. You can borrow and pay back flexibly up to your credit limit, often up to $4,000.

Do I need good credit to qualify for a flex loan?

No, all credit types are welcome. Eligibility is based on vehicle value, income, and age.

How fast can I get the money?

Typically within 30 minutes at a store or online, keeping the process quick and convenient.

Can I repay the flex loan early?

Yes! Pay back as soon as you're able, and you can borrow again if needed within your credit limit.

Start Your Flex Loan Application Today and Get Cash Fast

If saving money isn’t enough to cover urgent expenses, a Tennessee flex loan could be the right solution. With flex loans, you can borrow what you need, when you need it, without waiting. Apply online today through Tennessee Title Loans, Inc. to get started. The process is fast, simple, and you could get approved and receive your cash the same day. Take control of your finances now and explore how a flex loan can support your savings goals.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.