7 Easy ways To Save $5000.00 In A Year
Would you like to take a vacation , buy a house, or a car? I am going to show you how to easily save at least $5000.00 in just one year. If you can afford to, adjust the amounts higher and you can save even more.First get a "stash" envelope and put in away in a drawer. Once the money is put into the stash, don't touch it again for a year.
- Use the "cash back" option when you use your debit card to buy groceries or household items and get $20.00 cash back each time. If you go shopping once a week, that is a total of $80.00 a month that goes in your stash.
- Save all of your change in a jar. When the jar is full, cash in the change and put it into the stash.
- Pay yourself $60.00 a months when you deposit your pay check. If you get paid twice a month, take out $30.00 each time you deposit. Put it into the stash.
- Visit the ATM one day a week and take out $20.00 to put in the stash.
- Give up something. If you drink sodas, cut out one soda a day. If you eat out, give up one take out meal once a week. This will give you $30.00 a month for your stash.
- Clean out your closet and sell you stuff on Ebay or at a yard sale. You will get a least a $100.00 to add to the stash.
- Pay yourself for not buying items. If you find something that you want to buy but you decide not to purchase it, take the amount you would have spend and put it into the stash.
If you follow these step faithfully, you will have at least $5000.00 in your stash envelope in one year.
The most important rule is to never take out any cash that you have put into the envelope. Don't take it out thinking that you will replace it later. Once it goes in, it stays.
The amount I used will save $5000.00. You can raise or lower the amounts according to your need and ability.
Have fun saving.
