Stretching YOUR DOLLAR

May 2008
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Little Savings That Add Up

12:30 PM Wed, May 21, 2008 |
Rich Kurz
 E-mail

You don't have to start with a big nest egg to save a whole bunch.
These are tips we found on the Microsoft money blog "Uncommon Sense."

Stash a dollar in a jar every time you do something around the house. One reader suggested putting a dollar in a jar every time you do laundry, while others do it every time they curse!

You can also save some by taking any refund, rebate or reimbursement check and putting that in a savings account.

Also, try cashing in your spare change. Many banks and credit unions will do it for free, or you can spend 30 or so dollars on a coin sorter to wrap up all your change to take to the bank.

Here's another way to save - with help.

Some institutions, such as Bank of America, will round up any purchase you make and put the extra change in a savings account.

Say you buy something that cost $5.25. The program will put it down in your account as $6 dollars and put that 75 cents into savings - savings that can really add up over time.

Have a good idea of your own you'd like to share? Look below in our comment section, and share your tip. We may even share it on air with all our other viewers.




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