2006-10-09 12:20:22 · 10 answers · asked by happy1here♥ 5 in Business & Finance ➔ Personal Finance
My favorite is the change jar. At the end of the day we throw all our extra change in. They have the money counting machines at the grocery store.. We do this all year long..and the end of the year...we go and have all the money counted. It gives you the choice of cash or amazon.com Gift Certificates..we take The G.C. and buy our kids christmas gifts that way..its not a large chuck coming out of our monthly budget at christmas time. We usually get a few hundred dollars.
I don't know if this is what you exactly meant but its a cute idea
2006-10-09 12:22:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Put it into a seperate account. Don't comingal it in your checking account.
If you are asking about how to raise money for a rainy day, the best way is to just do it. Start saving all your change and single dollar bills. If you want to buy something, use a $5 or larger....don't allow yourself to ever spend coins or singles. Put those in a jar (in no time, you'll have a couple hundred bucks and/or saved a couple hundred bucks by not allowing yourself to buy stuff).
2006-10-09 12:26:30 · answer #2 · answered by derek 4 · 0⤊ 0⤋
Open an ING Orange account. The present rate of return is 4%, better than regular banks. Plus this is accessible anytime, just attach it to your regular checking account. You can start at $25.00. Look them up online. If long term, put it in index annuity account. Also start putting towards your retirement. It's better if you start early. You want compound interest on your money. You know what the rule of 72 is? Divide 72 by the interest rate and thats how may years it takes for your money to double. Example: 72 / 4% =18 years for your money to double or 72 / 8%= 9 years for your money to double. So your traditional bank will not give you anything higher than 2% if you are lucky. Invest early. Good Luck.
2006-10-09 12:48:39 · answer #3 · answered by Mama 2 · 0⤊ 1⤋
There are several online savings ( ING, Emigrant, Citibank ) that have savings rates in the 4 to 5 % interest range with minimal deposits. Be mature, put it there & leave it until you REALLY need it ( & not for some new purse or scarf )
2006-10-09 12:32:43 · answer #4 · answered by kate 7 · 0⤊ 0⤋
keep a piggy bank or jar. abox wll do as well. make a slot and lock the box give key to friend or trusted relitive.put in a certain amount evrey day. take out when needed.
2006-10-09 12:25:32 · answer #5 · answered by dasiy 2 · 0⤊ 0⤋
Contact you nearest Edward Jones agent. I had no brain for finances and they really helped me. They help you with retirement and all of the things you need to protect yourself in case of illness, etc.
2006-10-09 12:21:56 · answer #6 · answered by Isis 7 · 0⤊ 0⤋
seprarte bank account you never touch that way you can gain intrest
or the good ole piggy bank!
2006-10-09 12:22:24 · answer #7 · answered by Missbribri 5 · 0⤊ 0⤋
If I had a "Do over"... I would put as much into an IRA.
2006-10-09 12:23:29 · answer #8 · answered by M J 2 · 1⤊ 1⤋
stash in a secret place.
2006-10-09 12:21:26 · answer #9 · answered by Katy 5 · 0⤊ 0⤋
charge everything........
2006-10-09 12:21:46 · answer #10 · answered by Anonymous · 0⤊ 1⤋