It is so hard to save money when there is so much debt all around us. One thing you can do is to start setting aside 10% of every paycheck for savings. No matter what bills may arise, DON'T TOUCH IT! (Unless of course there is an extreme emergency...a shoe sale at Macy's is NOT an emergency) In one year, those 10% installments will add up to be quite a nest egg. In year two, increase your savings to 12%. Each year thereafter, increase your savings percentage by 2-4% and you will really see your money grow.
P.S. Saving 10% of your paycheck is not as hard as you think...trust me, I know. To supercharge the interest earnings from your savings, click here.
Peace & Blessings,
Ms. Q.
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