Loose change that is, if you want a easy way to start saving a little extra money these 5 tips show you how to do just that.
One or all will fit your needs so there is no reason not to get started today. By the end of this article you could be on your way to saving for your next vacation or special gift you may have wanted.
Getting started or should I say keeping it up is the hardest part. But you can do it all it takes is a little dedication.
Tip 1
It should be no surprise that you should start with your loose change. You have heard that saving loose change quickly adds up, it really does.
Here's what you can do to start today, when you get home after a long days work. Find a jar or large container that will be used for loose change only. Empty you pockets, jackets, pocketbook, and car of all loose change.
Put it in the container or jar you have ready. This is your project, so tell no one this is the first step you should take to be sure it will work. Do this everyday single day, or at the end of the week if that is easier for you to maintain. I prefer to do it daily. After you fill your jar, forget about, that's right don't think about it anymore until its time to put your loose change in for the next day or end of the week.
Tip 2
If you see this is not working, its ok you can move up to one-dollar bills. Of course one-dollar bills will add up quickly. Use the same technique as above, at the end of the day or week take all the one dollar bills you have in your pocket and put them away.
If one-dollar bills, still is not to you liking no problem continue on to tip 3 for yet a better way of adding your savings up.
Tip 3
By now you should know where I am going next, you guessed it five-dollar bills. This one is the best, this will add up even faster. Instead of saving your loose change, or one-dollar bills, go with five-dollar bills. They will ad up five times faster then one-dollar bills. Or if you are able to do all three by all means give it a try, I wait till the end of the week to for this one that way I don't end up having to go to my can during the week for lunch money.
Tip 4
Enough is enough, this one can be added to what you decide to do or you could just replace this tip with one of the above already suggested. We all have to eat breakfast, lunch and dinner while at work everyday. So for those of you who eat out during these times, you should really reconsider. Bringing in lunch and dinner depending on when what shift you work can save you hundreds alone everyone month.
If you work during the day, you could eat breakfast at home; bring lunch, and have dinner when you get home. Depending on your schedule of course. This can be done for any shift during the day as well. You can make the necessary adjustments according to your needs. The money you would spent on breakfast, lunch or dinner can now be saved; or you can use it to be buy groceries to start your brown bagging it project.
Tip 5
Last but not least, this tip has been around for years many of us don't practice it as much as we should. Take the advice of Financial Planners and save between 10-15% of your check. Everyone has heard the saying, pay yourself first. If you can do this in place of one of the above tips you will be well ahead of many.
If you go with this option the one thing you must do for this to really work is to have your bank deposit the money into a saving account automatically; now this means you can't touch it either that the purpose of setting it up for automatic deposits. If you have direct deposit check with your bank to see if they can deposit 10-15% of your payroll check to a saving account. This way it's done for you, without having to do anything more then filling out the form to start the process.
None of these tips are new, nor are they some special formula to make sure you continue to practice them. It does take dedication, determination and a will to want to save for something you want. The top three are easy and should not really make too much of a difference in your daily routine.
Push come to shove you could use the extra you save for the house, family night or just to get you over till your next payday. Make no mistake I do all of the above except the last one, which I must say I am working on, I use the extra I save for the house so that I have to run to the bank when I need cash right away.
Michelle Cobbs is the site administrator for several sites. She has recently started writing articles as a way to build content for her site you can visit here online at http://home-making-money.com
prom limousines Arcola ..I'm constantly reading articles on the internet and in financial... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More
They are the object of thinly disguised envy. They are... Read More
Part of learning to become financially free is to begin... Read More
My First Million took me exactly 27 months to achieve.... Read More
Here are some thoughts about the morphing of thought and... Read More
It's the beginning of a brand new year: a time... Read More
Almost all of us go to work everyday and do... Read More
There is no questioning that the amount of unclaimed money... Read More
To lose weight in the 80's, we went on low-calorie... Read More
Let's begin this lesson with a definition of the term... Read More
It is with great pleasure of having you here at... Read More
Now is a great time to make it a habit... Read More
At any time in history, no matter what the current... Read More
Financial planning often gets a bad rap. Part of the... Read More
A surprising number of readers want to know "Can a... Read More
Yesterday we learned that 74% of all wealth is created... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
Hello,If you dont understand this yet, or have not heard... Read More
Do you like so many others feel, that even if... Read More
There are plenty of people who are in love with... Read More
Most people want to get to the end of their... Read More
Loose change that is, if you want a easy way... Read More
As many people have observed, "Success leaves clues." If you... Read More
Attica Chicago limousine service ..So you want to become wealthy? While there is no... Read More
You've been thinking that your financial life could probably be... Read More
Have you wondered why financial experts only tell you certain... Read More
Wealth Secret 1 - Decide Your Outcome Right Now.Unless you... Read More
Have you any idea how many people search Google every... Read More
The four main steps in building a wealth cycle foundation... Read More
Retirement Planning the Offshore Way Why do so many of... Read More
Vacation season is upon us and it can be tempting... Read More
When I was a student in London, I had a... Read More
It is sometimes pitful how many projects are never born... Read More
Key 1 Pay your self firstkey 2 Saving is not... Read More
Early in my legal career I represented two young women... Read More
There is no questioning that the amount of unclaimed money... Read More
One of the things most of us have old ideas... Read More
There are many wealth creation strategies and investment techniques available... Read More
Most people work hard all their lives only to "retire"... Read More
You have $100 in your bank account, your rent is... Read More
We will start the Financial Fitness System with the assumption... Read More
Giving and ReceivingIt seems that people generally find it easy... Read More
No matter what income level you are currently at, generating... Read More
What is the difference between wealthy people and poor (even... Read More
Perhaps the primary message of Rich Dad, Poor Dad is... Read More
When Building Wealth by Russ Whitney was released a few... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
Let's quickly review the principles discussed in the first part... Read More
Wealth Building |