Small sacrifices for savings accounts
1 August 2008
When you want to get more money into your savings accounts, think about ways that you can save money. Often if you take a closer look at your spending habits, you'll be able to find ways to save money. Then you can put your extra money into your savings accounts and help earn more interest.
- Give up your coffee. A $4.00 coffee every workday works out to around $910 dollars a year. Just by giving up store bought coffee, you can save almost a thousand dollars!
- Bring your own lunch to work. If you spend an average of $10.00 on lunch every workday, that works out to be around $2,600 a yeah. Think of all that going into your savings!
- Avoid vending machines. If you have a $2.50 chocolate from a vending machine every afternoon, this habit could be costing you $650 a year. Put it in your savings accounts instead!
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