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The 1% Savings Tip

“Increase your savings rate by 1% this year, then do the same thing next year. And the year after that.” – WSJ.com

“This strategy can work wonders if you’re young. Increase your savings rate by 1% this year, then do the same thing next year. And the year after that. If you start right when you get your first job out of school, you’ll be saving at a pretty good pace well before you hit the peak earning years of your career.” – WSJ.com // Idea via Jim Blankenship

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[Photo cred: WarmSleepy]

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