Saving Money Calculator
Use this money saving calculator to figure how much money you'll save by switching from any high priced buying habit (name brand) to its functional, less expensive equivalent (generic or store-brand).
Additionally, this calculator shows you how much interest you could earn if you were to invest the savings. Surprisingly, the real money saving is in the compounded interest - not the cost reduction - a fact seldom understood.
You can also find 12 other specialized savings calculators here if this one is not exactly what you are looking for.
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Effective Money-Saving Strategies
Admit it. Saving money is easier said than done! Most find it difficult to save. Why is that?
When you are struggling financially, you might promise yourself that you’ll save more money only if you made more of it.
Then, you find additional work, and what happens? You spend your new income. Sound familiar?
When you picture yourself being frugal, is the image bleak? It shouldn’t be. By making a few small changes, like switching from a name brand to a generic brand, you can save a lot of money.
Use the Money Saving Calculator to find out how much money you’re missing out on by not taking the following frugal steps.
Simple Ways To Save Money
Saving money isn’t complicated, but it will take intentional effort. Here are some ways you can save money:
In order to save more money, you’re going to need to change your mindset. It’s not enough to know you need to make some changes, you’re going to need to see the benefits of doing so. This saving money calculator can help you see those benefits.
As you continue to save money, you may need to treat yourself every now and then. But when you do this, remind yourself about your goals so you won’t overindulge. This is all about behavior modification – master your spending and it’ll pay off in the end.
Money Saving Calculator Terms & Definitions
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Money Saving Calculator
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