Don't Wait Start Your Savings Now
Pick up a newspaper, turn on the news, or tune in the radio and you will hear how bad the economy is and how hard it is to get ahead in the down turn. I understand how hard it is today but that does not mean that you should wait to start your savings. You can get control of your money.
We have all been told that we need to have at least 3 to 6 months of living expenses put away for a rainy day. I would tend to agree we all should have that set aside but most of us are lucky if we get to the end on the month with money left over. In fact, for the majority of people broke comes about three days after payday. There are however some simple steps or ways that can help you to jump start your savings.
The most important step to start your savings is to actually start! Don't think that too little is too little and not worth the effort. Even $10 each month is $120 a year. Hey, $120 is better than a sharp stick in the eye. And let's face the facts if you think that $120 is not very much then you can probably afford to save a whole lot more than that. Bottom line is that you need to start.
You have probably heard this second way to start your savings a hundred times but that is because it is so true. Pay yourself first! Set up your own bill payment to yourself and deposit it into your savings account every payday. It is much easier if you can get your employer to direct deposit this into your savings account or money market. After just a short time you will never miss what is taken out of your check each week.
Still another simple way to jump start your savings is to stop eating out and spending extra money on fancy drinks like cappuccinos and energy drinks at $4 a pop. Then put what you save into your savings account every week. Add it up and you will see yourself socking quite a bit away.
I know nobody really likes clipping coupons but you can save an awful lot of money if you do. Again just make sure that you save the savings. You already have a food budget so when you clip the coupons and do not need to spend your entire food allowance put away the difference.
Use some sort of container to put all your spare change in every day. I have a porcelain cup sitting where I empty my pockets every night before bed. I just throw all my change in it and at the end of the month take it down to the bank deposit it into my savings. It adds up to $10 to $15 each month and just adds to my emergency fund.
Every dollar you save will add up over time. Remember the old saying 'a penny saved is a penny earned' and regardless if you are only socking away a few dollars or hundreds of dollars each week you are socking it away. It won't be long and you will be glad you have got a good start on your savings. - 23218
We have all been told that we need to have at least 3 to 6 months of living expenses put away for a rainy day. I would tend to agree we all should have that set aside but most of us are lucky if we get to the end on the month with money left over. In fact, for the majority of people broke comes about three days after payday. There are however some simple steps or ways that can help you to jump start your savings.
The most important step to start your savings is to actually start! Don't think that too little is too little and not worth the effort. Even $10 each month is $120 a year. Hey, $120 is better than a sharp stick in the eye. And let's face the facts if you think that $120 is not very much then you can probably afford to save a whole lot more than that. Bottom line is that you need to start.
You have probably heard this second way to start your savings a hundred times but that is because it is so true. Pay yourself first! Set up your own bill payment to yourself and deposit it into your savings account every payday. It is much easier if you can get your employer to direct deposit this into your savings account or money market. After just a short time you will never miss what is taken out of your check each week.
Still another simple way to jump start your savings is to stop eating out and spending extra money on fancy drinks like cappuccinos and energy drinks at $4 a pop. Then put what you save into your savings account every week. Add it up and you will see yourself socking quite a bit away.
I know nobody really likes clipping coupons but you can save an awful lot of money if you do. Again just make sure that you save the savings. You already have a food budget so when you clip the coupons and do not need to spend your entire food allowance put away the difference.
Use some sort of container to put all your spare change in every day. I have a porcelain cup sitting where I empty my pockets every night before bed. I just throw all my change in it and at the end of the month take it down to the bank deposit it into my savings. It adds up to $10 to $15 each month and just adds to my emergency fund.
Every dollar you save will add up over time. Remember the old saying 'a penny saved is a penny earned' and regardless if you are only socking away a few dollars or hundreds of dollars each week you are socking it away. It won't be long and you will be glad you have got a good start on your savings. - 23218
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Every body can Get control over your money! Every one can start your savings and get going and this report will help click Money Management Made Easy
posted by X - Men @ 12:50 AM
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