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There’s no doubt about it. Saving money is not easy. Something always comes up to deplete your nest egg. But’s that’s not a legitimate excuse to stop saving entirely.

Here are some tips to help you save at least $100 a month. Wouldn’t it be nice to have $1,200 bucks for Christmas each year?

Fun Ways to Save $100 a Month

  • Piggy Bank: Get in the habit of putting all your spare change in a jar or piggy bank. It’s better to use something that you can’t see inside. That way you’re not tempted to borrow.
  • Use Coupons: Many stores have online coupons you can print out at home. List the amount of savings when you redeem them and add that amount to your savings.
  • Receipt Savings: Your grocery receipt might say, “You saved X dollars.” Well you didn’t until you put the amount you saved into your savings account.
  • Save Your Raise: If you happen to get a raise in pay then keep living under your old income and commit the amount of the raise to savings.
  • Use the Net: There are many web sites that offer big savings for you. Click Here For Some of Them.
  • Cash Back Credit Cards: If you’re responsible with credit cards then use the ones that give you cash back. Look at NerdWallet and com.
  • Pay Yourself First: Every payday put 10% of your income into savings. Make it a bill you pay like any other. The upside is that it’s the one bill you pay where you get to keep the money rather than a creditor.
  • Drinking & Smoking: Neither is very good for you. Quit them if you can and you will easily save $100 a month.
  • Pay Yourself for Your Work: When you do laundry put a couple of bucks in your save jar.
  • Keep Paying: If you pay off your car or a credit card keep paying that bill into savings for a few months. You lived with a car payment — keep living with it. At least save half.

Some Final Thoughts

Just because you pay off a bill or win some cash doesn’t mean you have to spend it.

Suppose you had a million in cash. You could spend it, or invest it, and maybe get a four percent return.

You’d have $40,000 to spend, and $40,000 next year, and the year after that. And the million would still be there.

Are you getting the picture? Small savings now pays off big later.

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