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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

I set up a standing order from my checking account to my savings on the first of every month, still at $600. So, whenever I banked my check at the end of the month, $600 automatically disappeared from my savings account. Start Using Cash This is a wonderful way to save money. Believe me! See what I did there?

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Save for your Child’s Future with the Gerber Life Grow-Up Plan

Nicoles Nickels

Life insurance isn’t necessarily a fun thing to talk about, but it IS a necessity – and the Gerber Life Grow-Up® Plan is a great way to start protecting your children now while also saving money! Check out the Gerber Life Grow-Up Plan today! © 2010 Nicoles Nickels LLC All Rights Reserved.

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

I had issues with my finances (I almost went bankrupt at some point) until I decided to educate myself. They already have savings accounts that they don’t know about. I send in $50 every month to each of their accounts. I’m not talking about becoming a CPA or a Wall Street guru.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free.

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How to Make Millions with Passive Income

Prairie Eco-Thrifter

At some point, your current position just won’t pay out any more money. If you put a certain percent of your earnings into a savings account, then that fund will grow linearly as well (well, it will grow a little bit, but at what rate, 0.25%??)! Here’s the problem though. With a job, income is linear.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

Let them see your excitement as your own accounts grow and get excited with them as their savings increase. Help them figure out what to save for and show them that you have goals for your own savings. Saving towards a goal and them fulfilling that goal is very satisfying to a child.

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