Spring Forward… Money Management Tips – Day 47

May 5th, 2012 1:00 AM

Today is the final day of blogging for Spring Forward… with more Money Management Tips.  Have you been persuaded to build wealth and not debt?  Often savers who identify a savings goal will take the necessary action on a plan to insure they achieve it. For further encouragement, check out the monthly messages from America Saves e-wealth coaches at http://bit.ly/ASWCoach.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 46

May 4th, 2012 1:00 AM

The only sure-fire way to get ahead financially is to spend less than you earn. Counting on a big inheritance or settlement, a wealthy spouse, a game-changing invention, or winning the lottery cannot be guaranteed. Every successful financial plan includes some type of savings. Are you an American Saver?  Join America Saves today at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 45

May 3rd, 2012 1:00 AM

Saving regularly is the key to financial success. Whether you’re accumulating an emergency fund or saving for a vacation, a car, or retirement, you’ll be amazed how fast your savings will grow with regular deposits. At any age, saving today is better than waiting! Start by participating in a payroll deduction plan at work and become an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 44

May 2nd, 2012 1:00 AM

Money market funds are a popular option for savers. They are a type of mutual fund that invests in short-term government and corporate securities and pay market interest rates. Initial deposits generally range from $1,000 to $10,000 so you may need to save elsewhere first to accumulate the required amount. Get started by becoming an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 43

May 1st, 2012 1:00 AM

Where do people put their savings dollars?  Savings accounts and certificates of deposit (CDs) are popular choices. Accounts can be opened at financial institutions such as banks and credit unions. Rates of return vary among financial institutions. Generally, the longer the maturity on a savings product, the higher the interest paid. Become an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 42

April 30th, 2012 1:00 AM

It’s never too late to save money so choose to save today! The payoff will be worth it! Here’s an example. If you save $1 a day ($30 per month), you’ll have a little over $25,000 in 30 years assuming a 5% return. Bump the daily savings up to $5 ($150 monthly) and you’ll have over $125,000. For more information, visit Choose to Save ( www.choosetosave.org) and America Saves (http://bit.ly/fHbGQy).

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 41

April 29th, 2012 1:00 AM

Many people have a can or jar of coins stashed away. This is a great way to save money and it’s painless. Simply empty your pockets or purse at the end of the day and save your loose change. If you want to go a step further, save a dollar a day plus pocket change. At the end of a month, you’ll have about $50 in savings. For more savings tips, visit the America Saves Web site: http://bit.ly/ASWTips

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 40

April 28th, 2012 1:00 AM

Saving a portion of your tax refund is a good way to prepare for life’s unexpected events. When you get your tax refund, save at least half of it for irregular household expenses (holidays, tuition, water bills, home maintenance), emergencies, and/or future financial goals. For more savings tips, visit America Saves: http://bit.ly/ASWTips and become an American Saver: http://bit.ly/gliVkL

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 39

April 27th, 2012 1:00 AM

Need to “find” money to save? Plug your spending leaks. Add up what you’re spending on “little things” such as snacks, soda, fast food, cigarettes, lottery tickets, magazines, and more. Let’s say you can “find” $5 per day from reduced spending. That adds up to $1,825 in savings per year and even more with interest. For more savings tips, visit America Saves: http://bit.ly/ASWTips.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu

Spring Forward… Money Management Tips – Day 38

April 26th, 2012 1:00 AM

Want to save money? Get out of debt. PowerPay® creates a schedule to apply payments from paid off creditors to remaining debts, thereby saving repayment time and interest.  If you follow the schedule, you could save hundreds of dollars (or more!). For further information about PowerPay, visit www.powerpay.org. To learn more about saving, visit America Saveshttp://bit.ly/fHbGQy.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu