Save $50 A Month

Here are Five easy ways to save $50.00 a month.

1. Cut your Starbucks habit by brewing your own for 10 days.

2. Cut your cable bill by switching to basic cable only.

3. Take your lunch to work.

4. Use Net flix or Block Buster online to save money in movie rentals.

5. Check your insurance rates.

So what does saving $50.00 a month do for you? Saving $50.00 a month by decreasing a monthly bill may actually allow you to save $60.00 a month if you use your employers pre-tax deferred compensation or 401 k program. With an initial deposit of $60.00, monthly contributions of $60.00 and an assumed annual interest rate of 8% for 20 years, you will earn a total of $35,636.83.