Boost it

How can you boost your savings?

• When you get a raise, try to save more. Aim for half!! (This is what Mary Hunt advises, though right now, with all of our costs going up, this is hard!!)
• Save the payment. When you finish paying something off, like a car loan, keep paying yourself into savings. A $330 payment saved for 5 years and invested at 6% turns into $23,470 in five years - cash for a new car!!
• Do something big. Once you start savings, do something big. Get rid of a car. Downgrade your house. Save big!