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Some simple tips...<br><br><br><br><div class="quote-container"><span>Quote:</span>
<div class="quote-block">The secret of successful savings borrows from the tale of the tortoise and the hare: Slow and steady wins the race.<br><br><br><br>
But while it may be a winning strategy, it's difficult to get motivated when your savings balance is climbing that slowly. One way to keep your head in the game: Sock away extra money, especially in the beginning, so you can get enthused watching that balance really climb.</div>
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Full story...<br><br><br><br><a href="http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/11WaysToJumpStartYourSavings.aspx" target="_blank">http://articles.moneycentral.msn.com...urSavings.aspx</a><br><br><br><br>
This is one I hadn't really seen before, good idea!<br><br><br><br><div class="quote-container"><span>Quote:</span>
<div class="quote-block">8. Tax yourself. Every time you buy something nonessential, put 10% of the purchase price in an envelope, says Godfrey. At the end of the month, the contents go into savings. "It makes your purchases more expensive, but at least you're putting some money in the right place," she says.</div>
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I enjoyed reading this article. I like the tax yourself idea, too. <img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br><br><br>
The best part:
<div class="quote-container"><span>Quote:</span>
<div class="quote-block">"There is no silver bullet, no little trick," Ramsey says. It's a matter of changing your focus, he says. "It has to become an emotional priority."</div>
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Some great ideas! I have to have automatic deductions taken from my paycheck or else the money would never make it to the bank. When I get a raise, I increase the deduction to my savings. This way I don't get use to the extra money and I don't miss it since I was already doing without it.
 

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Great list, I started doing most of those things a few months ago <img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br><br><br>
The first thing I did was set up a budget in excel and backfilled it with what I had been spending for the previous 6 months. Seeing a visual representation of what I'd been spending on food was what shocked me into learning how to spend less than $25 a week on groceries. Just that freed up enough money to start my savings <img alt="" class="inlineimg" src="/images/smilies/surprised.gif" style="border:0px solid;" title=":surprised"><br><br><a href="http://www.flickr.com/photos/lynnszwalkiewicz/2604468442/" target="_blank"><img alt="" src="http://farm4.static.flickr.com/3159/2604468442_7dd7baf987_m.jpg" style="border:0px solid;"></a><br><br><br><br>
Setting up direct deposit really helped too. The cash never gets into my grubby little hands, and I have it automatically divvy the money up into home savings, regular savings, and checking. Out of sight, out of mind.<br><br><br><br>
I also set one of those accounts up with an online bank. It can take up to a week to transfer money out of that account...so even if I was tempted to pilfer from my savings, I'd have plenty of time to think better of it.
 

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In my opinion automated deposits into a high yield savings account is one of the best tips. If you do that first the rest should fall in line (since you'd have less disposable income to blow). I consider us to be good savers but it definitely helps to not even see that money. I also like the idea of adjusting it when you receive a raise so you're still living off the same amount with the increase going straight to savings.<br><br><br><br>
I once read that saving is like exercising. It's hard to get started and it takes a while to see results but once you do it becomes rewarding and very addictive. I couldn't agree with that more. Unfortunately it seems to be a little harder to get used to the exercise. <img alt="" class="inlineimg" src="/images/smilies/tongue3.gif" style="border:0px solid;" title=":p">
 

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One thing is that I automatically have a % of of my pay put it in my brokerage account and the other thing is whatever isn't spent in a pay period goes into my money market account.
 
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