America Saves Blog
Tips, advice, and the latest news from the savings world.
Yesterday, an OP-ED in the New York Times called attention to the fact that the U.S. Treasury will end over-the-counter sales of paper savings bonds on December 31, 2011. You will still be able to get savings bonds online through TreasuryDirect.gov. Unfortunately, the TresuryDirect website is hard to navigate. Also, making savings bond available online only makes it hard for the 65 percent of low-income Americans who don’t have internet to use this as a savings method.
Over the weekend, I went to a wonderful birthday party for my friend’s daughter Lana. Not only did Lana turn three last week, but she also started her first week of school. Needless to say, it was a big week for both Lana and her parents.
The party was just wonderful, and Lana’s parents did a few cleaver things to save money that I wanted to share with all of you.
By Rasheed Hassan, Illinois High School Student
I save my money. That’s the type of person I am. I’m not the type of person who takes the money that I’ve saved and spends it on pointless things that won’t matter to me in the long run. Chips (you just eat them), shoes (you grow out of them), clothes (you grow out of them, too) - these are all things that I don’t spend my money on. But, if I really want something, then I’m going to save for it using some skills I learned when I began saving for a video game.
Today’s challenge is to find $100 to save. We all want to save money. It’s the “how” that causes some confusion. Below are a few ways you might be able to save $100 to put towards high cost debt, an emergency fund, or retirement. So take some time out your schedule today to find $100 to save – it’s worth it. Tell us where you found $100 to save!
Here are five ways that you can save $100 or more in 2011:
Money management and raising children are very similar. Money requires TLC just like the kids. And if you have children, you know they grow in what seems to be like lightening speed (your money can do that too). So if you begin to manage our money with a fraction of the time you spend raising your kids, first off you might be more inclined to take better care of it. Secondly, your little "clams" will stretch further than you think and grow faster than you'd ever expected. If you were to scrutinize your "money parenting", would you find yourself neglectful? Have you deprived and ignored those sweet little clams? Let's face it, money isn't everything. But, managing it well will allow you to spend it when you want, give it when you want and of course it provides financial security. It will give you freedom and peace of mind. That's all. Learning how to manage your money better takes a little education. Paying off your debt, establishing an emergency fund and saving for big expenses or even retirement takes dedication. The good news is, it's all simple math.