Do you ever feel like you're not making much progress? Sometimes, we belittle our baby steps. Or we panic when results aren't as great as past victories. There is a time for every thing and every speed. Like the seasons on the earth, everything is cyclical and has a pattern. Even when things are "slow," I rather make a little progress than no progress.
What can we do with $7? Let's explore.
1) $7 can buy a couple loaves of bread, some tuna cans, and a big bunch of bananas to cover a few meals.
2) Or $7 can rent a few DVDs to entertain a family on the cheap for a month.
3) $7 can buy a toddler an outfit from the clearance bin.
4) What about putting $7 into a cookie jar each month for a year? That's $49 bucks to get a 30-minute massage on your birthday.
5) Depositing $7 into the cookie jar every month for 30 years would get us $2520. You could plan a nice anniversary party with your sweetheart!
6) What if instead of a cookie jar, we put that same $7 each month for 30 years into a retirement account? In that same 30 years, we'd have $14,054.79*! That's the power of compound interest, baby!
Whatever your financial goal at this time, whether it is food on the table or a savings account or a nest egg for your golden years, be wise. Be grateful for every grain in your silo. Every dollar counts. Let's go find some more!
(*Calculated at 10% interest for 30 years with interest compounded only once a year)
Week October 28th - November 3rd
Sold:
coupon $7.87
Sub-total this week: $7.87
Running total: $298.82
Running total: $298.82
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