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Saturday, December 19th, 2009

Thrifty Mommy

A Penny Saved: How to Save Money with Little Money to Save

April 15, 2007 by Deborah Ng  
Filed under General, finances

A Penny Saved: How to Save Money with Little Money to Save

 
A common mistake many people make when trying to save money is to wait until they have enough cash to make a bank deposit. They feel it’s inconvenient to make a trip to the bank with under fifty or even one hundred dollars. The problem with this is that any extra money is temptation. Any time we have a few extra dollars in our wallets, we’re inclined to spend.
When I was 20 and living on my own, my existence was hand to mouth. I made a vow to deposit something, anything, with every paycheck. Sometimes after paying the bills, …read more


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