Gordon
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Yes, any practice that slows the pace of consumption and the corresponding increase in global warming is welcome. Thanks for doing your part to stave off the death of the planet. |
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flying_grapes
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Hell Yes, it's called retirement on your own terms |
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bill_quad
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no. spend spend spend |
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Renegado
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It depends on what vehicle you are investing that money, and the tax consequences of that investment. |
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32kimmie
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Absolutely. Make sure you can afford to save that much a month. |
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John S
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Of course but just saving it is one thing but place it into CD's or envest it then watch it grow. I would get a broker and tell them you want to invest 300 per month and they will make it grow for ya. |
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luvin_life25
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Anytime that you are able to save money, do it! Unfortunately in this day and age, our government and economical conditions make it somewhat difficult for the average working person to be able to save an extra 300.00 per month without skimping. You might think that saving extra money is hard work because it isn't giving you immediate gratification, (you can't spend the money on something that you immediately want) but letting your saved money sit for awhile in an account that will multiply the money you put into it is really good in the long run because the only work that you really had to do is fight the urge to spend it! |
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Help me please!
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There sure is, in 10 years besides the interest you could earn you will have something to show for your savings such as a downpayment a your first home, a new car, a downpayment on a second home (future retirement home), money to open your own business or investment in another business. The possibilities are endless. |
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spazNfrog
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YES SAVE!!! Pay yourself first!!(if you have a debt, work on that, save less then the alotted 300, but still save some)
BUT put the money into a money market account so that it accrues interest while you are saving!
Try Papal or INGdirect!!! They are great and you still have the access to them in case of emergency. |
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Mark W
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yes there would be a huge advantage if you placed your money into a 401k plan. like fidelity investments. |
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Dede
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YES! you never know when a rainy day will happen and youll need it. And if it dont then your ahead,,save save save!!!
I always save a certain amount out of each pay check ( always depends how much each check is though. But no matter what I save something even if its only 50 bucks...:o) good luck |
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kari
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heck yeah there is!! saving is a great idea, because you never know when that money is going to come in handy or when some random situation will come up where you need money fast. go for it, its smart planning. |
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alphabravotango
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Man, what are you talking about? Of course, my answer is a big YES! 300 $ per months equals 3'600 per year!!! |
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enam_on_evah_i
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OF course it is, I wish I could save that much a month between rent, and bills |
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Zoni
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Saving 300.00 what ever currency it is will help to save 75.00 interest payment per month later when you have to decide to take a loan at a bank |
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Clueless1234
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How can you ask that of course.$300 you can buy a nice ipod for $300. |
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HelpExcel.com
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No. You could be dead tomorrow, or worse, you could have a child with someone and be forced to pay an exorbitant amount of child support and then you'll be forced to pay 10 times that a month. |
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anna1
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a penny saved is a penny earned. Every little bit will help. $300 a month is a good savings but it really is all relative on how much disposable income you have. |
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answer_man
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Yes. |
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Margie
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ya. |
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geekgirl
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That's $36K in 10 years. Enough for a down payment on a house, or a nice new car...... |
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mbs84
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Well, In my opinion to save any money in this day and time is an advantage. It's much better to have a nest egg, even if it's a small one to fall back on than to have $nothing$.I know saving is hard to do with all the tax,inflation and other expenses,but if you're able for peat's sake do save everypenny. Beleve me you'll use it somewhere down the line. |
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amee_doo_bear
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Yeah. |
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duncegirl
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I would have to be able to fortell the future to answer that. |
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Windy-Cindy
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yes because if you save it for 10 months you will have at least $30,000 so i think thats a great idea! |
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penus
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Indeed. |
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main_chalu_hu_re
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even a penny counts so dont think too much on that, ull do the right thing if u save n memorise the yahoo answers when u become a millionaire, lol. |
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jadair539
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Sure is, you just gotta make sure you don't dip into it. I was putting $300 into a savings account every month for a couple of years, now I have a 10,000 from it put into a CD, and the savings account is at almost $7,000 now. |
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chartley
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No, if your are going to die today. |
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*DOVE*
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DURRRRRRRR!!!!!!!!!!!!!!!!!!!! |
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