Thursday, September 6, 2007

Easy Ways to stash cash

This is is a great article I found on MSN Money. The tips to save or stash cash were really awesome and I hope you are at least willing to try them or hopefully you already are. If you have any great tips to save money please leave comment and ideas. I have a goal to hopefully help to increase financial awareness through this blog.

10 easy ways to stash away thousands

By Liz Pulliam Weston

Pad your accounts. If you use personal finance software, you can just enter a check to yourself for $300 -- or $500, or $1,000, or whatever you want your pad to be. The check needn't actually exist or ever be cashed, but the software will treat it as an outstanding obligation and deduct it from your balance.

Cull your bills. Here's a twist on the classic savings tip of dumping your change in a jar: set aside certain denominations, such as fives or tens, whenever they make their way into your wallet.

Institute a family tax. Dawnna76's family has a Garfield piggy bank into which each family member deposits $1 a day. The bank can be raided for the occasional movie or latte, but mostly the money funds their Christmas shopping.

Realize your rebates. Several posters recommended saving the money you get from rebates, shopping sales or using coupons and club cards at grocery stores.

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