Saturday, January 4, 2014
Outta sight, Outta mind!
" I would love to save but when I do, I just have to spend it!" "All my monies are too accessible." "I needed some gas money!" Many folks do better with their savings if it's not tangible. If your savings are low, figure out why that is so! You've tried saving loose change, but you creep in the jar and within a month, the jar is empty, You put the $5 in your envelope, but you get lunch money out if when you need it. You're savings $1 bills yet you have a sweet tooth and just take some $1 bills out of your savings! If you are having difficulty saving money, what about trying a new method.
It seems as though the funds are too accessible. When you can get to your funds so easy, there is a tendency to grab a few dollars here and there! Well, let's rectify that. Since accessibility is the problem, let's make the funds not as easy to reach. Set up a Capital One 360 account! There are no minimums and no fees. One of the best features is that your money earns interest!
So, now when you think of spending your money, then it's okay. Check out this account. You can even have more than one account. Placing your money in one of these accounts is much better than having it in your possession. Why? Because the money is not there. Outta sight- outta mind!
Labels:
Capital 360,
new method,
savings,
spending
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