Author Topic: Turn a $1 a day into $67,815 (NO BS) (Read 416 times)

1K3 · « **on:** September 19, 2006, 04:02:18 PM »

Want a foolproof way to turn $1 a day into $67,815?
http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/Turn$1aDayInto$67815.aspx

Birddogg · « **Reply #1 on:** September 19, 2006, 04:05:29 PM »

You go girl.

1K3 · « **Reply #2 on:** September 19, 2006, 04:06:46 PM »

damn link broke

http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/Turn$1aDayInto$67815.aspx

john9001 · « **Reply #3 on:** September 19, 2006, 04:32:02 PM »

if you save $1.00 a day for 186 years you will have $67,000, (numbers rounded off)

Neubob · « **Reply #4 on:** September 19, 2006, 04:35:04 PM »

I can't believe that guy gets paid for writing articles like that. Next week he'll be telling us that smokers should quit because in a few decades' time, they'll save up an enviable nest-egg in cigarette money.

NO BS!

NATEDOG · « **Reply #5 on:** September 19, 2006, 04:44:35 PM »

he forgot to tell you, that in 30 years, $67,000 will be worth about a dollar in todays market.

Nilsen · « **Reply #6 on:** September 19, 2006, 05:05:18 PM »

Quote

Originally posted by john9001
if you save $1.00 a day for 186 years you will have $67,000, (numbers rounded off)

but if you put it in the bank the interest should give you more than the inflation of the $ and then some.

dmf · « **Reply #7 on:** September 19, 2006, 05:29:35 PM »

So.............all I have to do is put a dollar in a jar every day and prey to god I live 186 years so I don't lose out on the $67,815? sounds easy, except the living 186 years part, that might pose a minor problem.

Oh well teh lose change fits better in the soda machine at work, I think I'll keep it there instead.

SuperDud · « **Reply #8 on:** September 19, 2006, 06:11:54 PM »

I'm to lazy to go to the bank and I'm to fat to resist the dollar menu. I'm screwed.

B@tfinkV · « **Reply #9 on:** September 19, 2006, 06:54:13 PM »

this dude is takin the mickey, surely.

Not bad for pocket change, but that's just the beginning.

Here are some other ideas for saving a few bucks here and there that can add up to big dollars over time.

Trim your expenses to save more

Take-out vs. dining out once a month
(weekly saving)$45
(anual saving)$540

Manicure less often
$15
$180

Fewer trips to car wash
$12
$144

Video rental vs. movie monthly
$11
$132

Regular coffee instead of cappuccino on weekdays
$40
$480

Total
$123
$1,476

If you can knock this $123 out of your monthly budget, at 10% it will grow to $278,040 in 30 years. You've practically financed your retirement with just a few small sacrifices.

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i feel like adding 'standing in the rain to save shower water', or 'instead of going to disney land with the kids, let them watch the comercial for space mountain at home saving you $500!! wow kicking yourself fo not thinking that one yourself arnt you.'

'hey, save money on seeing your favorite band live in concert, buy the CD and listen to it on your stereo! that could save you $300 or more!'

i wonder if he ever had a manicure and a car wash in one day, what a rush of recklessness that must have been

AKH · « **Reply #10 on:** September 20, 2006, 08:19:45 AM »

Anyone who pays to have their fingernails clipped has little concept of frugality.

Saintaw · « **Reply #11 on:** September 20, 2006, 08:31:17 AM »

that's why i eat mine

john9001 · « **Reply #12 on:** September 20, 2006, 09:01:55 AM »

Quote

Originally posted by Saintaw
that's why i eat mine

is that called recycling?

dmf · « **Reply #13 on:** September 20, 2006, 05:25:53 PM »

Quote

Originally posted by Saintaw
that's why i eat mine

EEEWWWW!