Saving Money for Possible Replacements

After being caught off guard by the recent AC replacement in NYC that I had to get done months ago, I decided that I would start saving more money for a rainy day. It was a good thing that I had enough money in my checking account to pay for the replacement, or I would have been melting in the summer heat. When I’m paid each month, there’s always a little bit left over for me to spend on whatever I want, and it usually goes to things that I don’t really need. Rather than wasting my money on these things, I decided that I would put it in my savings account to gain interest, so that when I needed money in a tight situation, it would be there.

I’ve never really been that great at saving money. Ever since I was a kid, when I had some spare money, …