Tuesday, January 20, 2009

Be a Creative Saver

Here are a few great ways to save up for your future and become good stewards of your resources.


  • Automatic Savings- if you can arrange this with your employer or local bank, you can ask them to regularly set aside a certain amount of your monthly salary for your savings.
  • Save your Raise- if your company gives you a raise, allot that additional amount to your savings account and live within your old paycheck.
  • Keep Paying Loans After The loans are Paid off- keep sending the same amount, not to the creditors but to your savings.
  • Hold On to Unexpected Cash-Keep this in your savings account- not in your wallet- because all wallets have invisible holes and money kept in them has been known to vanish within 24 hours.
  • Give up Expensive Habits- Imagine what you will save in one year if you give up smoking, buying, Lotto tickets, eating an extra sweet snack.
  • Sell Assets- You'll be freer if you sell clutter in your home--stuff that you no longer use! Liquidate. Get rid of the stuff.
Be Inventive savers.

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