Young Man's Wallet

Sunday, May 28, 2006

My savings strategies

I do about everything I can to save a penny here and a penny there. Here are some of my techniques that I've found effective:

* When you have money, put it in the bank.
* Use online programs like Upromise, FatWallet, and NestEggz to get cash.
* Sign up for every rewards program you can find, such as CVS ExtraCare, frequent flyer miles, and credit card rewards.
* Always trade in your frequent flyer miles for cash through programs like Points.com.
* Always get cash back from credit card rewards programs.

Remember cash is king, and you have to make your money work for you by earning interest in a high yield savings account like ING Direct or Virtual Bank.

What tactics do you employ to save a little dough here and there?

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