What to Do With All the Money You Save

I wonder how many of us had our first savings account in a piggy bank.

Mine was either pink or purple, and it had a rubber stopper on the bottom, but I can remember a friend who had one with no way to get the money out unless you broke the piggy. Boy, that sure sounded final on many levels. Then from those piggies we graduated to accompanying a parent to the bank to open a real savings account, one that came with a very, prestigious, little book to keep track of our “big” deposits. Nowadays, when you visit your bank, it is easy to be disappointed at how little interest you really get, that is if you ever have any extra to save.

If you do have enough to put aside, make sure you do some research online. You might be surprised at the opportunities available to increase your savings.  You can find array of options for savings accounts that help your dollars grow. It may be fun to take your kids on a trip to the bank, but it is beneficial for you to search sites that present and explain all the different choices.

It is amazing though, that if you just put a little amount away- even $25 a month – it does add up. Especially, if you don’t look at it as a “savings account.”  Whatever you do, don’t call it a “rainy day” fund. We all know rainy days can eat it right up. I find it best to view it as GONE!  

Hopefully, the deals you find here on my blog help you witness a little leftover. Share what you do with the leftovers, and please tell … what color was your first piggy bank?