Do you save money?
June 17, 2008 10:21am CST
"Money saved is money earned." This is an old proverb. Do you save money? I tries to save small amount of money every month. Also I put some money in a large clay pot when I get salary and put coins in it so that I can use money when I do not have especially during the end of months. How do you save money?
18 Jun 08
yes i do, and i have a effective way to save. See when you get your salary save 10% of you salary to a diffrent bank account. If you dont have then creat one. What you have to do is 1. give standing instruction to the bank( which has salary acount)that as soon as the salary is credited transfer 10% of my salary to the saving account. 2. now give another standing instruction to the bank( bank which has your saving account) That as soon as my saving reach a particular amount turn them into fix saving or NSC (national saving certificate)or any other saving where you will get interest on it. This way you will be able to save and incease it and you will get interest on it. enjoy saving:)
• United States
17 Jun 08
Hi there, I am saving also that way, I will put it in my old purse in that way, I will not bring it anywhere with me..LOL, The tendency when I happen to have it and I am in the mall, I will forget about saving..LOL! So, I just kept it in a place and put there a certain amount and coins every payday!