6 Ways to Grow Your Money
You work hard for your money! Why give it away? Here are 6 ways to keep & grow your money. They are simple to start right now. Follow these six steps and watch your bank account grow.
6 Ways to Keep & Grow Your $
- Just because you make more $ doesn’t mean you need to spend more $
- Compound interest is your friend. Put your savings in your account before paying others and watch the interest build.
- Ensure that your RRSP contribution automatically goes out of your paycheck-which happens before withholding comes out of taxes-and the balance of your paycheck is automatically deposited into your chequing account.
- Still enjoy what you like but pay yourself (and your bills) before you treat yourself
- Try to eliminate, or at least monitor, trivial or unnecessary things you are spending money on- lunch everyday, bottled water, coffees
- Live a rich life in the present-don’t wait for that perfect day when everything will be ‘all figured out’
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By: HCM Lifestyle’s Madison Colberg