Total Money Saved
If you use all the tips we’ve shared, you stand to save BIG. Here’s a sample budget:| CATEGORY | BEFORE (monthly) | ONLINE (monthly) | YEARLY SAVINGS |
| Savings | $10,000 @ 0.7% APY | $10,000 @ 4.5% APY | $380 |
| Checking Service Fee Checks Overdraft Fees (4@$29 each) Late Fees (1@$38 each) |
$15 $3 $116/year
$38/year |
Free N/A N/A
N/A |
$180 $36 $116
$38 |
| Mortgage (autopay) | $1,200 | $1,170 | $360 |
| Groceries (with cash-back card) | $400 | $388 | $144 |
| Tax Preparer | $115/year | Free | $115 |
| Pay Bills | $4.92 (stamps) | Free | $59 |
| Home Insurance (autopay) | $2 billing fee | Waived | $24 |
| Dry Cleaner | $120 | $60 | $720 |
| Restaurants | $25 | $10 for $25 certificate | $180 |
| $0 | $20.83 | $250 | |
| BOTTOM LINE | $2,602 | ||
From Reader's Digest - March 2008
Additional reporting by Bridget Nelson Monroe



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