Are you a Dissaver? If you don’t even think that’s a word, don’t worry. I didn’t think it was either until I looked it up. And believe it or not, it is a word. Here’s the definition or Dissave on dictionary.com.
As you can probably guess, someone who dissaves is someone who lives beyond their means. Someone who doesn’t save. I’m quite sure that none of the readers of this site are dissavers. You aren’t, right?
I have a small confession to make. I really just wanted to use the word in an article. Mission accomplished. Also, despite what the article’s title might suggest, there aren’t currently any plans to have a financial term of the week. Now, back to your saving.
Shane Ede is a business teacher and personal finance blogger. He holds dual Bachelors degrees in education and computer sciences, as well as a Masters Degree in educational technology. Shane is passionate about personal finance, literacy and helping others master their money. When he isn’t enjoying live music, Shane likes spending time with family, barbeque and meteorology.
I love that term! Way to work it in to an article. I thought of a use for it!
The Clinton’s are being dissavers by having a multi-million Dollar wedding for Chelsea this weekend! haha
We dissave every summer since we don’t get paid in the summer. Annually we have net-savings, but 3 months out of the year we draw on those savings with no income.
Recently we took a sabbatical so our two year net-savings rate was positive (we saved like CRAZY the year before last so we could do this), but the one year was negative. Though not as negative as we had thought it would be… we actually ended up with 24K more than we had anticipated leftover. It hurts so much more to spend out of savings.