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Save An Extra 1%

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Automatically have an additional 1% of your paycheck transferred into savings. Most of us aren't going to really miss that extra $10, $20, $30 dollars every two weeks, and it adds up quicker than you would think.

MORE INFORMATION:
Look for a high yield savings account with no minimum. ING, HSBC, Emigrant (and other internet banks) typically offer a much higher interest rate than your standard brick and mortar banks. Just make sure if you are going with an internet bank that they have good reviews and are FDIC insured.
- Submitted by NKHARRIS329 4/6/2010 in Saving Money | 2 Comments
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Member Comments

FABN50S 4/29/2010 1:32:00 PM

    I had my bank set up $25 to be put in savings as soon as my direct deposit hits. Somehow it was set up twice ($50) I started to call my bank but thought I would leave it for a few pay checks. It has been 3 years now and the money has more then come in handy. You are right I do not even notice and when I need it the money is always there.
KESTRYLL 4/6/2010 4:01:00 PM

    That is a great idea, thanks, I will do this!

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