Saturday, November 21, 2009

Weekend Word to the Wise (Saving)


Today, my partner told me about an article she read in the November issue of Real Simple magazine.

In the very short article, the writer shared a tip he used to save money so he and his family could go on vacation. He stated that he used cash to pay for everything. When he received his change, if he got a $5 bill returned, he folded the bill differently than the rest of his cash and when he got home, he immediately put the $5 bill into an envelope and when he accumulated $50, he would deposit the money into a special, separate, savings account so he would never be tempted to spend the cash or to transfer the money from savings into his checking account. In a year, he had saved $2000, enough to take his wife and two children on vacation.

Back in September 2009, I wrote a post about Budgeting for Vacation and talked about different methods for saving for your dream vacation. This short article is a perfect example of what I was talking about!

It is possible to put aside enough money to go wherever you want to go. It doesn't matter if it's Europe or Florida. If you want to get there, you CAN do it!

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