Americans all across the country have noticed a decrease in their grocery and gas purchases.
Two gallons of milk used to cost the same amount as one gallon of money. Long commuters are more likely to be affected by rising gas prices. Americans are rebudgeting even though their income is stable.
Americans can stretch their dollar with some financial savvy. It’s easy to save money at your grocery store by making simple changes like buying generic puffed Rice instead of name-brand cereals. Maintaining the proper pressure on your tires and following the speed limit can improve vehicle’s fuel efficiency. This will help reduce gas costs.
What is the best way to make a dollar worth more? You can save it. Americans can use their money to build a substantial nest egg by planning for retirement.
Financial columnists and advisors agree that small amounts of money saved sooner will result in higher net yields than spending more later in life. Saving 2,500 dollars per year in an individual retirement plan (IRA) will net $437,376 over 65 years. To save the same amount, someone who starts saving at 35 years old will need to set aside $4,865 per year.
It is never too late to save. Save252, a company that allows customers to save as little as one dollar per day for their retirement, and up to $265/year.
Users can specify how much money they would like to contribute to a Roth IRA account or regular account. Save252 automatically takes the amount from users’ checking account and then transfers it. Customers have complete control over their savings. They can change the amount they wish to save at any time or stop receiving payments.
With Save252, even those in lower tax brackets are able to save for retirement.
Go to for more information on money-saving tips and other useful information. www.save252.com.
