Just Think:
May 22, 2007 by Deborah Ng
Filed under finances
If you put away:
- $1 a day – you’ll have $365 one year from now
- $10 a week - you’ll have $520 one year from now
- $20 a week - you’ll have $1040 one year from now
- $100 a month – you’ll have $1200 one year from now
- $500 a month – you’ll have $6,000 one year from now
These amounts don’t look like much when you have them in your hands, but put them away to save, and they really add up!
That amount can add up to millions, if you invest it. I just finished taking Dave Ramsey’s (www.daveramsey.com) Financial Peace classes at my church. I encourage anyone to take the classes.
If you sock the money away in a high-yield savings account from ING or HSBC, those few dollars that are laying around will add up to even more, too!
Such great advice! I think too many people feel they have to have a large amount of money to save or invest, when this isn’t the case at all.