Saving 10% of your paychecks is an amazing way to create a nice nest egg. If you earn $1,000 each month, you would set aside $100 each month for savings. At the end of one year, you will have $1,200 saved! After five years, you will have saved $6,000! Not to mention the fact that your current bills will still be paid AND you will barely miss that 10%. To top it all off, you will have quick access to cash for emergencies. Think about that.
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