Apr 15

Watching Our Money Grow Little By Little

post Category: Finances post postApril 15, 2008

My husband and I used to put most of our money into our savings account and then transfer most of that money to our chequing account to pay our bills each month. This was a good way to make a little extra off the interest short term but not a good way to save our money.

This year we are trying a new approach and putting a little money into our savings account each month. Right now we are able to afford to put in 1% of what we earn each month. It is nice to have money grow little by little and it also helps us budget our expenses more efficently when we count the money we put towards our savings as an expense.

We are now actually fulfilling the purpose of savings accounts!

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#1

Way to go girl! Little by little is good, at least its growing!

[Reply]

Angeline wrote on April 15, 2008 - 8:17 pm
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