Keep these tips in mind when you’re planning a home office:
- Be sure it’s ergonomically correct
- Find the optimal location
- Consider used office furniture
- Incorporate lighting, plants and sound
“No pain, no gain.”
It’s certainly an appropriate thought at the gym. But does that same “pain” have to apply to saving money? At Discover, the answer is an emphatic, “No!” Saving money with a Discover Online Savings Account really can be painless – especially when you tap the power of its high yield rate and easy-to-set-up automatic savings program
A couple resolves to save more. They write down every expenditure, no matter how small, for seven days. Then they review their spending patterns and identify items they could easily live without – morning latte and muffin … magazines at full newsstand prices … pre-made salads from the supermarket … and one less restaurant meal a week. In the end, the couple is able to cut enough “fluff” out of their spending that they can commit to saving around $2,000 a year.
Pay yourself first. There’s a reason this is the oldest trick in the book … it works! The easiest way to pay yourself is to have a percentage of your paycheck directly deposited into a high yield savings account, such as Discover’s Online Savings Account. You’ll be amazed at how quickly you learn to budget around this “missing” chunk of income.
Save with a purpose. If you’re saving with purpose (for example, a down payment on a home), you’re less likely to tap the money if it’s tucked away in an account marked “house money.” A high yield savings account can be set up with automatic transfers from your checking account to help you reach your goals. The Discover Online Savings Account imposes no monthly minimum balance or monthly maintenance fees.
Watch your windfall. Force yourself to wait three to six months before touching any tax refunds, gifts, inheritances or bonuses. Leave it in your high yield Discover Online Savings Account until then and see if you still feel the need to spend it.
Whether you’re putting money aside for a rainy day or saving up for something special, Discover’s Online Savings Account pays a great rate and offers convenient access to your funds. There is no minimum deposit to open, and deposits are FDIC insured up to the maximum allowed by law. Discover also offers a full range of CDs and IRA CDs with terms from 3 months to 10 years as well as Money Markets Accounts. Open a Discover Bank account online in minutes or call our U.S-based 24-hour Customer Service at 1-800-347-7000 to learn more.
The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.
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