Stash more cash to reach your savings goals fastBy MP Dunleavey Editor of DailyWorth.com
1. Pick a number
Strange to say, people often skip the obvious first step of deciding how much to save. That's because real numbers can be scary. "Let's save for a cool new fridge with an icemaker and extra freezer space" sounds fun. "Let's save $1,200" sounds like work. But getting a hard figure in your head is critical to making that new appliance (or whatever you want) a reality. It only takes a little basic math to solidify your goal. Photo by Getty Images
Grab a pen and write down what you are saving for- that spacious and lovely new fridge, perhaps. Then...
RUN THE NUMBERS. Do some comparison shopping to find the best price.
DON'T FORGET THE EXTRAS. Add the taxes, delivery, registration, installation, shipping, insurance or whatever other annoying sub-charges come with whatever you're saving for. In your optimism, don't lowball yourself.
THINK AHEAD. If you're financing a big-ticket item, you needRead More »from The Best Ways to Save Up for a Big Purchase