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9.6Money Tip - Save Your Change
9.6/10
70
votes
2/24/2009
How to save money by keeping your change.
Most people spend all of their money! They are trapped in a cycle of spending that does not allow them to save money and become financially independent. To get out of this cycle you need to use some psychological tricks. You have to trick you mind into thinking there is no money to spend!

One way to do this is to set rules in you mind. Here is a challenge: From now on, only use 20 dollar bills to buy anything. If you break a 20, the change goes right in the bank! This tells your mind that only 20s can be spent. Your savings will grow rapidly!
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Here are some other related tips:
Take Advantage of the 401K or Other Type of Retirement Account Offered By Your Employer
Pay Yourself First
Use Direct Deposit to Automate Your Monthly Savings

Further Information
Pay Yourself First
15 Painless Ways to Pay Yourself First
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CommentsShowing Comment 1 - 4 of 4
1EcQXKjPDIjYTtmekNf
Kudos! What a neat way of tnihking about it.
Comment 1 On:Save Your Change
Added By: zwzWPAKpRnOFUl
Added On: 4/25/2011 2:25:43 PM
2Not Just Tips, but everything
wishing fountain. Pay parking. laundry. charity. anything else you do with your change.
Comment 2 On:Save Your Change
Added On: 2/26/2009 4:15:27 PM
3Thnk About Your Tips
It is nice to tip, but it is a lot of money! If you tip even a quarter a day at Starbucks this is like $120 a year. Over 30 years that could be like 20 grand! (Could be....could be 0). Just remember that given time, change adds up.
Comment 3 On:Save Your Change
Added On: 2/26/2009 4:14:43 PM
4Good Idea
Change adds up. Look for bottles and cans to recycle. Save the money.
Comment 4 On:Save Your Change
Added On: 2/24/2009 5:50:58 PM
1