I can't remember where I learned the following little money game, but if you're not a saver this is a great way to start.
Every time you get a five-dollar bill--save it!
No muss, no fuss.
Find out how to make better money choices, get happy at work, live well and have savings to fall back on. It's all in this SELF guide.
My husband and I used to put our fivers in a coffee can. You can use an envelope or stick 'em in your sock drawer. Just don't spend the fives! Yes, it's weird at first. You want to use a five to pay for a $3 magazine, but you have to break a twenty. Because you can't spend the fives. In fact, don't even keep the fives in your wallet. When you get a five, in change, put it in your pocket until you get home.
The reason this is good to jump-start a saving habit is that the fives add up fast. Before you know it, you'll have enough money for a plane ticket somewhere, or a new rug. And you'll say to yourself, "How did I save that much money? I didn't even miss it!" And voila--that's the key realization that will turn you into a serious saver. Try it. Let me know. --MP Dunleavey
Find more creative financial tips at the Save Like Me blog!
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