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www.nolo.com www.mymoney.gov www.smartmoney.com www.usatoday.com/money/perfi/def

ID: 3197106 • Letter: W

Question

www.nolo.com www.mymoney.gov www.smartmoney.com www.usatoday.com/money/perfi/default.htm http://money.cnn.com/pf/ Research the above 5 websites and write down the recommendations on how to save money, and how much you should be saving. Do this for each of the 5 sites. List the strategies each site lists. Rank the sites from best to worst (1-5) How much money does each site recommend you save every month? What strategies are most effective for saving money? Are there any strategies not listed that you use that work for you? Envision you've just secured your first full-time job, you've got a paycheck coming in regularly, and you want to begin saving. What would your plan be? Include how much you will save and what strategies you would use for saving.

Explanation / Answer

1.www.mymoney.gov

2.www.nolo.com

This site did not particularly wrote about savings but it mentioned a lot about budgeting ,money management, finance,retirement and many other things which indirectly is about savings

3. www.smartmoney.com
money saving tricks
a) stockpile your 1$ bills
If you buy something for $16 and pay with a $20, I take the four leftover singles and put it in a safe.
this may sound simple and unworthy but u'll save a huge amount on long run
b) make your savings account super inconvenient
c) buy groceries in bulk
d) reset your account everytime you get paid
e) make your own coffee

4) www.usatoday.com/money/perfi/default.htm

even this site did not write directly about savings but it has many "worth reading" topics like
a)how to save money on food when you live alone
b) how to save money on entertainment and still have fun
c)spending more money on paint saves you a lot of money
d)how living like Lord Voldemort can save you money

5) http://money.cnn.com/pf/

MY RANKING:-

1) www.mymoney.gov

2) www.smartmoney.com

3)    www.usatoday.com/money/perfi/default

4) www.nolo.com

5) .  http://money.cnn.com/pf/

these sites don't particularly tell us about how much money to save. It depends on how much you earn and what are your expenses

MY PLAN