Even the smallest amount of savings can add up over time — say, $25 a week
found that 78% of full-time workers live paycheck to paycheck. This is a cycle Americans need to break.
If you could carve out an extra $100 per month, or about $25 per week, what would that do for your savings? Quite a bit, if you make two smart choices:into a designated savings account is a good way to set it and forget it, and to keep saving no matter what.Be strategic about where you keep that money
. While you can put it in a traditional savings account at a big bank, brick and mortar banks typically pay very low rates on savings accounts .Or, since you won't be touching this money for quite some time, you might want to invest that money. Investment returns aren't guaranteed, but with risk comes reward —Here's exactly how important it is to be smart about where you're saving your money:If you save $100 per month for 30 years with no interest, you will save up $36,000.
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