Savings Tip #8: Save Small Amounts of Money Weekly
Tanner |
Thoughtfully composed by Tanner Filed under: Financial Planning, Investments |
Now this is a good one that adds up really quick, without really affecting you. I don’t want to pay any large sums of money for this wedding at one time, but if I only have to pay a little bit of money weekly, I am perfectly fine.
$1 a day! That’s it. Feed a village or pay for a wedding with only $1 a day. I have decided to have EmigrantDirect.com take out $7 from my bank account every single week until our wedding. $7 a week is definitely NOT going to affect me. I probably won’t even notice it coming out of my account. I probably pay more than $7 on Orbitz chewing gum, hah…just kidding…well, not really.
If you add up this measly $1 a day, it comes out to $365 a year or roughly…well, $1 a day, hah. This is money that you wouldn’t have otherwise saved up. I am very pleased with this savings idea. Lacey is going to add money to the account weekly soon, too. Oh, don’t forget, that money will gain about 5% interest per year…oh yeah! Better than an ordinary savings account would give ya.
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