I wrote about HeliumKnowledge yesterday. Today I answered the question "If you had to name just one good way to increase your savings what would it be?" I brought up paying yourself first and putting the money in a really good savings account, like INGDirect. Of all of the ways to save, that would be my one pick if I had choose. It's easy, it's safe, and anyone can do it. I'm quite happy with my INGdirect account and I've even recently purchased one of their 9 month cds. Once I'm able, I'll be setting up a direct deposit to go to them every month.
What are some of your favorite ways to increase your savings?
one good way to increase savings
May 13th, 2006 at 07:19 pm
May 13th, 2006 at 07:45 pm 1147549558
I started a 'Birthday Club' with my family. Each family deposits a small amount each month...and all birthdays and party costs are covered...No one has to scramble for the 'perfect gift or to come up iwth money for a birthday....The birthday recipient knows they can choose cash, gift certs or a gift..and the dollar amount is the same for everyone. Everyone looks forward to their birthday.
I stay out of stores. No temptation, no spend.
May 13th, 2006 at 07:58 pm 1147550280
I'm with you on the avoiding stores!
I've found that the more I try to save money the better cook I become, too. An added benefit!
May 13th, 2006 at 08:19 pm 1147551541
May 14th, 2006 at 04:09 am 1147579797