Question of the Week

What is your favorite MONEY TIP?

Just learned this one: The Monday following 4th of July, Target marks all of its summer stuff 75% off. Then, if there's anything left, it goes down to 90% off two days later! Awesome rafts and snorkels were $1.74 and darling plastic margarita glasses were 24 cents. I picked up plenty of gifts and saved a few things for myself! Chick Cheryl

My favorite way to save money is to contribute, pre-tax, in my employer's 401k account. Then, I have payroll split my salary checks into two accounts. I put the total amount I need to meet my regular expenditures in my checking account. The remainder goes into a money market account, and I forget it's there. Long story short, I don't spend what I don't have -- so I'm saving! Chick Kristin

Tear up your credit card. No if's, and's, or but's... tear it up. Chick Karin

Rich People think four generations into the future, poor people think for Saturday night. Chick Jana

Whenever you get a check -- be it a paycheck from work, a stock dividend, a rebate, or gambling winnings -- put it in the bank first. Don't just cash the check and spend it. You'll be surprised how much longer it lasts. Chick Jeanette

Watch the pennies and the dollars take care of themselves! Chick Julie

Only double down when the card in the #1 position is a face card or higher. Chick Susie

I like what Warren Buffett said about buying an expensive car. This was years ago. He could not see buying an expensive car for,let's say, 20k, because over the next twenty years he could made that money grow to 100k. And 100k is way too much money for a car. This makes me think twice about buying frivolous 'stuff.' Marim

When it comes to saving money...set up a monthly direct deposit investment of your choice...it is amazing how much you have put away over the long term..and in the mean time made money also. Goldenchick

Whatever money you make during the week, take 10% off the top to give away (church, charity, friends in need, etc.). Your life changes when you become a giver first. anonymous

Invest regularly... every month, pretend your investment is a bill that you have to pay. Andrea

The daily coin in your pocket/purse goes into a piggy bank (or box, jar...). It adds up monthly and that $50-$100 is the investment club money. Heard the tip on Oprah. In Canada we have $1.00 and $2.00 coins, hence it is always a surprise to realize the amount in the jar. Honey Lisa