Business Insider: 3 ways you can save more without having to make a budget, even as inflation ticks up

Eric Franklin

Jan 25, 2025

I'm excited to have been used as one of two CFP® resources for an article in Business Insider (my first time!) written by Sophia Acevedo on "3 ways you can save more without budgeting, even as inflation rises."

My favorite money quote is here:

Taking the added step of contributing to your savings each month is also a wise decision.
"What happens is behaviorally, you become addicted to seeing that grow, and that is a very positive shift for most people. By the time you're in three months, four months, six months, that is not something you want to let go, because it generally starts to accumulate, and you start to see some interest on the account," says Eric Franklin, CFP® professional, managing principal at Prospero Wealth.

Business Insider is pretty aggressively pay-walled, so if you have access to Apple News, you can also find the article here.

My favorite money quote is here:

Taking the added step of contributing to your savings each month is also a wise decision.
"What happens is behaviorally, you become addicted to seeing that grow, and that is a very positive shift for most people. By the time you're in three months, four months, six months, that is not something you want to let go, because it generally starts to accumulate, and you start to see some interest on the account," says Eric Franklin, CFP® professional, managing principal at Prospero Wealth.

Business Insider is pretty aggressively pay-walled, so if you have access to Apple News, you can also find the article here.

My favorite money quote is here:

Taking the added step of contributing to your savings each month is also a wise decision.
"What happens is behaviorally, you become addicted to seeing that grow, and that is a very positive shift for most people. By the time you're in three months, four months, six months, that is not something you want to let go, because it generally starts to accumulate, and you start to see some interest on the account," says Eric Franklin, CFP® professional, managing principal at Prospero Wealth.

Business Insider is pretty aggressively pay-walled, so if you have access to Apple News, you can also find the article here.

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Forms ADV & Registration

Form CRS

7724 35th Ave NE #15170

Seattle, WA 98115-9955

(971) 716-1991

hello@prosperowealth.com

Forms ADV & Registration

Form CRS

7724 35th Ave NE #15170

Seattle, WA 98115-9955

(971) 716-1991

hello@prosperowealth.com

Prospero Wealth, LLC (“PW”) is a registered investment advisor offering advisory services in the states of Washington, Oregon, California, and in other jurisdictions where exempted.