Saving Money

Oct 5, 2009

Saving money has recently become a very popular topic of conversation. And people are doing more than simply talking about saving money: the savings rate in the US is currently higher than it has been for years.

Do you want to get started saving too, but don’t know quite where to start? Or you’ve already caught the savings bug and want to learn how to save even more? The website America Saves is a great place to get good ideas and encouragement. This site can be found by clicking http://www.americasaves.org/ or by clicking on the Saving and Managing Your Money button on our home page.

 

Below are two of many easy suggestions on the site for saving money.

  • Save your loose change.  Putting aside fifty cents a day over the course of a year will allow you to save nearly 40% of a $500 emergency fund.
  • Eat out one fewer time each month.  If it costs you $25 to eat out, but only $5 to eat in, then the $20 you save each month allows you to almost completely fund a $500 emergency savings account

The site is full of great ideas and information, and best of all it is free!

 

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