5 Ways to Grow Your Piggy Bank
Steps to take today to increase your savings
From the LifeMinute.TV Team
October 12th, 2021
Everyone wants to save more money. But according to one survey, 69% of adult Americans have less than $1,000 in a savings account. To heed National Savings Day on October 12th, here are five ways you can start working to increase your rainy-day fund.
Record Your Fixed Expenses
To get a handle on how much things cost and what you need to maintain them. What’s left is what you have to work with.
Record Entertainment Expenses
To get a feel for how much you’re spending and assess its worth.
Make Sure You Aren’t Overpaying
Clip coupons, wait for sales, try shopping refurbished. Little savings add up.
Do a Life Edit
The fewer things you have, the less you have to maintain, and then you can take stock of what you really need.
Set a Goal
Create a goal of how much you would like to save and the time frame to achieve it. Then sock a little money away each pay period.