Wednesday, April 4, 2012

Savings made painless

Today’s link from “Budgets are Sexy” is about saving — how to, why to.

It’s got some good ideas for automating your saving, making it painless, ending up with a substantial chunk o’ change by doing fairly minimal things.

One of my favorites: keep your change in a jar. Don’t (of course) drop it into one of those “cash for coins” machines (what a weird concept—as if coins are not cash?) Instead, roll them up, or bring them to a bank, to get something more portable than a big jar o’ metal. I have fond memories of my family saving this way for “special treats.” About once a year, we kids would roll up all the coins (mostly pennies) and finance a special night out at a fancy restaurant or something.

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