Instead of Spending, Sock That Cyber Money Away

12.01.08 | Consumerism, Online Savings Accounts | 3 Comments | by junger

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One of the first things you should do after you get a raise at work or pay off a recurring debt is to continue to live at your existing levels.

Don't take that 'extra' money you now have and start to live larger. Instead, automatically transfer it to a savings account and watch your net worth grow.

Rather than accumulating extra stuff, you're increasing your savings without cutting back on your lifestyle. It's a win-win situation.

Today, on Cyber Monday, do the same thing. Instead of buying something you see online, take the price of the product and transfer that amount to your online savings account.

Spending money isn't bad. But wouldn't you rather spend money on yourself than on having more stuff?

The best gift you can give yourself is financial comfort. Today, make it happen.

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