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Saving Money Daily

saving money daily, how to save, personal finance, saving

finlitgal
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Saving Money Daily

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  1. Make it a Habit to Save Money on a Daily Basis www.lifethenfinance.com

  2. Even on a daily basis, you can find ways to tuck money away for a rainy day! www.lifethenfinance.com

  3. Strategies to help you get into the habit of saving money: www.lifethenfinance.com

  4. Saving Money • Create a separate spot for savings • Remember: Small deposits add up quickly • Find bargains wherever possible • Use more cost-efficient solutions www.lifethenfinance.com

  5. Create a Separate Spot for Savings • Set up automatic transfers from checking account to savings account • Use a sock drawer or safe - $5 at a time Tip: Out of sight, outof mind! www.lifethenfinance.com

  6. Small Deposits Add Up Quickly • By using an interest-bearing savings account, you’ll allow the interest to add to the savings. • As the account grows, so too will the amount you receive in interest. Savings can snowball by accruing interest. www.lifethenfinance.com

  7. Find Bargains Wherever Possible Keep your eyes open for money-saving opportunities: • Sales • Coupons • Preferred customer discounts • Buying used • Online sales, coupon codes, and discounts • Research where you can find it cheaper • Sign up for the store’s email list. www.lifethenfinance.com

  8. Finding More Efficient Solutions • Pack a lunch instead of buying one. • Buy a 24 pack of soda at the grocery store, instead of going to the vending machine everyday. • Analyze your daily routine to discover how you could do some of your normal activities in a more cost-efficient way. www.lifethenfinance.com

  9. Tip: Save the eating out for when it’s important to you! www.lifethenfinance.com

  10. Self-Reflection Questions: • How much money do I have left over after a pay period? • Do I have a place where I can stash the extra cash? • What can I do to cut my spending and save more? www.lifethenfinance.com

  11. Action Tips: • Decide on a place to stash away money. • Save money by bringing lunch from home or buying your favorite snacks from the store, instead of using the vending machine. • Have the bank automatically withdraw money into a savings account for you. www.lifethenfinance.com

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