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Old 01-07-2013, 06:04 AM   #9
thelio
 
Join Date: Jul 2010
Posts: 4,903
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i use to have $50 automatically put in to my savings every pay check. it worked great. i had saved up a few grand, but over the past year with the cost of everything going up i found my self having to take out someof it every week to make ends meet and eventually had to stop the automatic deposits because i could afford it. I think this is a good idea for those who really want to save but cant afford to. putting in a dollar is alot easier then 50 for me right now. the ammount per week does increase but may still be more managable then the regular 100 a month i was doing every single month. this is also a good plan for people who may lack the discipline to save. its a good challenge for those folks. also if someone realize they cant afford to do the last few months they can put in what they can, they will still have something to show for it.
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