Hey, guess what? YOUR PAYCHECKS HAVE BEEN INCREASED BY 2%! (Find out why here.) Have you noticed? Maybe not; 2% certainly isn't a lifestyle-changing amount. But it's something! Think about it this way:
What if you put 2% of your gross paycheck into a savings account every pay period? Let's say you make $2,000 every 2 weeks. 2% of that (and yes, I needed a calculator - don't judge!) = $40. $40 per pay period multiplied by the number of pay period in a year (26 if you're bi-weekly) = $1,040, plus interest if you're putting it into a savings account, by the end of the year. Even if you're making $1,000 every 2 weeks, you end up with $520. Not bad, especially when you're used to that 2% going straight to the government.
Of course, you can also put this money toward any debt you may have. That works, too.
But no matter how you slice it, we have a great opportunity here! Saving without feeling it. Can't do better than that.
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