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Money and Finances
Reply to "Making small savings worthwhile "
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[quote=Anonymous][quote=Anonymous]I try to save money wherever I practically can but I am not sure how worthwhile it is. Avoiding carryouts and cooking mostly at home is just one of the many examples. But how to make these little savings worth it? Financial experts say if you want to get more financial stability, find a better paying job rather than not eating out at restaurants. That advice totally makes sense but then it also does when I save $80 by cooking at home for my family on a Friday evening, even when I am burnt out at work from M-F. Question is what to make of those $80 so the saving feels worth it. [/quote] Both are true. However, you cannot just always find a higher paying job. But you can always cook at home and avoid takeout/dining out. Majority of people live that way. Yes, it is worth it to save---that $80 every friday is $320/month. Put that into a college fund and your kid is well on way to a state school at 18. Cook at home one more day per week and it's $640/month saved. [/quote]
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