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About Me:

Ima saver (julie is my real name)

I am over 70, but still feel like I am just 7. I love to go dancing with my wonderful husband of almost 40 years.Since we have never earned a lot of money, we have learned to take care of what we have. We live in the mountains in north georgia in a big beautiful house that my husband build and it is mortgage free. Now I am trying to save so my "younger" husband can retire someday.

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Home > Adding small amounts

Adding small amounts

December 5th, 2006 at 09:07 pm

Don't be afraid to add small amounts to your savings account. I enjoyed saving money when I was quite young, but I was always embarassed about just depositing a few dollars at a time. (That was when you could go to the movies and have two boxes of candy for a quarter)
For several years I worked as a bookkeeper/teller at a very small savings and loan.
We were alway thrilled when children came in to add to their savings.
The same with adults.
If you put it away right away, you will not be tempted to spend the money, or have it just slide thru your fingers.
So make those small deposits and make them often!

Posted in saving | 5 Comments »

5 Responses to “Adding small amounts”

LdyFaile Says:
December 5th, 2006 at 09:29 pm 1165354167
1165354167

Amen! I know I thought it was silly at first to have an ING autotransfer set up for just $10/paycheck but since I didn't have constant access to that account it really added up fast!
yummy64 Says:
December 5th, 2006 at 09:43 pm 1165354997
1165354997

Thank you for the nudge. I am not good with doing this and need to make it a goal for 2007
Broken Arrow Says:
December 6th, 2006 at 12:43 am 1165365815
1165365815

Right now, I'm focusing on my student loans though, so any additional money is thrown in there. Still, I agree that every little bit counts!
Aleta Says:
December 6th, 2006 at 04:30 pm 1165422651
1165422651

Since I opened the account yesterday thanks to yours and Rduels comments, it will be interesting to see how it adds up. I will also enjoy the transfers as well. Do they have a certain amount that you have to transfer. I need to get to their rules.
Ima saver Says:
December 6th, 2006 at 05:24 pm 1165425879
1165425879

No, I don't think they have any minimum to transfer. The poster above says that she has $10 transfered out of every paycheck.

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Ima Saver's Personal Finance Blog

Trying to spend and save wisely

Adding small amounts

5 Responses to “Adding small amounts”

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