Saturday, June 18, 2011

Calculating Your Savings

To calculate your savings from a trip:

•Subtract your Total out of pocket cost from the before savings cost (original price). This equals the $ amount saved.
•Divide the amount saved by Coriginal price. Move the decimal over two spaces= your savings percentage!

Keep track: Calculating and recording your savings is an important part of keeping a budget and tracking your progress.

Use your savings to get out of debt, save up for a vacation, pay for house repairs, a car, or even a special item you have been wanting! Set a goal and start saving!

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