June 2, 2006, Newsletter Issue #65: Savings

Tip of the Week

Want a down payment for a new car, or to take that
trip to Paris but donīt have the cash? Start saving
right now. Today. Figure out what 10% of your net
salary is (remember, net is what you see on your check!)and sock it away in your savings. Do it every time you get paid. Or, set up a payroll deduction to make sure that itīs going straight to a credit union account. This is separate and in addition to any 401K accounts! This 10% is your money for special projects or emergencies so you donīt have to rely on credit cards or loans for the things you know you want! Donīt pay THE MAN, pay yourself FIRST!

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