💰 Get your budget right, one dollar at a time

Saturday,
February 10, 2024

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Get your budget right, one dollar at a time

Putting a budget together can be daunting. Especially when your goal is to start saving more.

Not everyone is in a position where they can siphon off hundreds of dollars from their paycheck to put towards their savings goals. But luckily, saving money is just as valuable if you have smaller sums at your disposal.

One strategy is round-up savings. Round-ups are an automatic savings tool that rounds up the price of purchases to the nearest dollar, with the difference between the rounded up figure and the actual price getting deposited in your savings account.

Another way to make saving part of your routine is to put a portion of what’s left in your checking account at the end of the month into your savings. Be sure to leave your account funded enough for any potential bills due during the first days of the following month.

No matter how you save, consider opening a high-yield savings account to help your money grow faster.

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