Save $100 - the easy way

If you're like me, having a regular savings plan seems to difficult.

To say "I'm going to save $5 out of every pay check" sounds so simple but to actually do it seems like pulling teeth.

Here's an easy - and painless - way to save $100.

Grab a can, a jar, an old teapot - whatever and stick it up on top of the fridge.

Every day - and I mean every single day - go through your wallet, purse, car seats, and couch cushions and scrape up 28 cents.

Put the 28 cents into the jar or teapot.

Leave it there. This is an emergency fund - so don't be dipping into it.

In 365 days you'll have saved up $102.20. Simple and easy.

If you decided to double the amount you put back every day - that's 56 cents - you will save $204.40 in a year.

My personal savings goal is 75 cents per day. That translates to $273.75 in a year's time.

If I had to stop and think about saving that 75 cents in one lump per month ($22.50) I probably wouldn't do it. Maybe because putting back that chunk of change at once is daunting, or because I might not have that much at one time.

Breaking it down into small, daily doses makes it seem easier and more conquerable in our minds.

Give it a try (in any amount) for 30 days. You'll get into the habit of saving and you might be surprised at the little fund you've managed to save up!