Saturday, November 22, 2014

How I Save $1 A Day.


I created a car maintenance account for my daughter so she can handle her car maintenance needs. She paid cash for her car, but she sometimes need "things" for her car.  So I setup a recurring deposit of $1.00 every day for one year, which would give her $365 a year for the upkeep of her car. At the end of the year, she can go and spruce up her car with the money and I start all over again. Pain free.

How to Save $1 A Day.
A lot of people have difficulties saving money for financial goals or a material goals, I found the simplest automatic solution at American Express Serve.
  1. Open an account at American Express Serve
  2. Schedule auto add
  3. Automatically add $1.00
  4. From:  Your bank or brokerage account
  5. Frequency: Daily
  6. Start Date: Today
  7. End Date: 1 Year from Today.
  8. Open a Sub-Account for your Child or Another person
  9. Transfer that $365 into the Sub-Account at the end of the year.
The person will receive a card that look like this:
(you can open as many sub-accounts as you want)



The card comes with free road side assistance and other discounts.



Get up to $150 when you start trading with Motif

No comments:

Post a Comment