Comments on: A Simple Way to Save http://www.moneyhacks.org/2007/02/05/a-simple-way-to-save/ Tips and tools to save time and money. Thu, 20 Nov 2008 08:26:36 +0000 http://wordpress.org/?v=2.5.1 By: Anna Matetic http://www.moneyhacks.org/2007/02/05/a-simple-way-to-save/#comment-324 Anna Matetic Mon, 05 Mar 2007 17:17:14 +0000 http://www.moneyhacks.org/2007/02/05/a-simple-way-to-save/#comment-324 It does become kind of a fun game too - which makes you more likely to keep doing it. The savings Jesse talks about I put into a variable rate CD. Unlike my savings, I can not raid my CD. Plus the variable rate allows me to put additional moneys into it - unlike a fixed rate where you can only put money in when you open it. In addition to the money I save by reducing monthly expenses, I also put coupon money in there. If I use coupons for groceries, clothes (10% off coupons etc), I take the amount I saved and put it into my CD. That way I really SAVED the money. It does become kind of a fun game too - which makes you more likely to keep doing it.

The savings Jesse talks about I put into a variable rate CD. Unlike my savings, I can not raid my CD. Plus the variable rate allows me to put additional moneys into it - unlike a fixed rate where you can only put money in when you open it.

In addition to the money I save by reducing monthly expenses, I also put coupon money in there. If I use coupons for groceries, clothes (10% off coupons etc), I take the amount I saved and put it into my CD. That way I really SAVED the money.

]]> By: Colleen http://www.moneyhacks.org/2007/02/05/a-simple-way-to-save/#comment-109 Colleen Mon, 05 Feb 2007 20:00:40 +0000 http://www.moneyhacks.org/2007/02/05/a-simple-way-to-save/#comment-109 That's great - thanks for sharing Jason. It goes to show that what seems like a small amount of money can add up. I did the same this year: cut back to basic cable, did some research and switched to a cheaper phone plan, etc. It almost becomes a game to see where else I can save / cut back. Weird kind of fun but it's motivating! That’s great - thanks for sharing Jason. It goes to show that what seems like a small amount of money can add up. I did the same this year: cut back to basic cable, did some research and switched to a cheaper phone plan, etc. It almost becomes a game to see where else I can save / cut back. Weird kind of fun but it’s motivating!

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