That’s right, we unofficially declared November to be “Add 1% More to Your Savings” month. So you can add that to the month-long observances like:
- No-shave November
- International Drum Month
- Sweet Potato Awareness Month
- and many more (see the list at Wikipedia)
In November we encourage folks to increase their retirement savings rate by at least 1% more than the current rate. It’s a small step, but it will pay off for you in the long run.
Below is the list of my fellow bloggers who have written articles showing ways that you can start to increase your savings rate, as well as showing what the benefits can be. Thanks to everyone who has participated so far – and watch for more articles in the weeks to come!
The 1 Percent Solution by John Davis, @MentorCapitalMg
Friday Financial Tidbit-What increasing your retirement contributions 1% can do for your retirement account by Jonathan White, @JWFinCoaching
THE 1% MORE BLOGGING PROJECT by Robert Flach, @rdftaxpro
Take a Small Step: Increase Your Savings by 1% by Jim Blankenship, @BlankenshipFPAn IRA Owner's Manual or if you'd prefer the Kindle version (and let's face it, ALL the cool kids do!), you can find that at this Kindle version link.