Speaking of money, you're probably looking at your credit card bill wondering how you're going to pay off all those Christmas gifts you charged. According to a recent study, 23-percent of Americans spent more than they earned last year and the holidays didn't help. The same study also found that 37 percent of Americans are not saving for an emergency fund and this can lead to financial disaster.
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-set an achievable goal of saving just 1% of your income. A few months from now, increase it by another 1% and so on.
-each pay period, strive to have money still leftover from the previous pay period. When you receive your new paycheck, transfer the leftover money to your savings account. It's a quick & easy way to build your savings.
-as you pay off credit cards and student loans, set up an automatic transfer to your savings account of the amount you were paying to your creditors. It's a painless way to save and truly does turn debt into wealth.