Saturday, July 26, 2008

Get Rich By Saving Every $5 Bill

There's a woman who saves every $5 bill she gets, blogs Get Rich Slowly. She's been doing so for three years and has saved $12,000.

JD at Get Rich Slowly also shares his wife's personal money saving trick:

For several years, Kris has been rounding every transaction up to the next dollar in her checkbook. If she spends $49.74 at the grocery store, she enters this in her checkbook as $50. If she spends $33.13 on gas, she enters it as $34. As a result, she saves an average of 50 cents every time she performs a transaction. In 2-1/2 years, Kris saved an extra $500 using this method. That's enough to treat herself to something nice.

Learn More tricks at Get Rich Slowly

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