Sunday, March 9, 2008

Savings Accumulation

Some great news, well for me at least. I finally have saved some money. It may not be much but since my last blog posting, I have saved $250.00. I have made it a habit of taking $25.oo out of each paycheck. One time I had enough money to put in $75.00.

All the experts say that you have to pay yourself first. You have to make it a ritual of taking that money and pretending you dont even have it. They recommend %10 of your income, but at this point I am not able to reach that level of income due to my expenses. However, I do plan to reach that point and even more. It takes baby steps, and I suggest anyone that doesn't think they can do it to start out small and slowly increase at a pace you feel comfortable with.

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