Ideas to help you save in 2019

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    Many Americans are still finding it hard to save money. In 2018, polls showed that 58 percent of Americans have less than $1,000 in savings.
    Even though there was an improved drop from 39 percent in 2017 to 32 percent in 2018, the number of Americans who are living paycheck to paycheck with absolutely no money in savings is still concerning.
    About a third of the population will find it more difficult to manage all of the emerging challenges of life with no savings. If you find yourself in this situation, you have support to turn that around.
    Feb. 25-March 2 is America Saves Week, a national annual event encouraging Americans to save effectively through education, motivation and support using the website americasaves.org.
    Here are general savings tips shared at americasaves.org/for-savers/make-a-plan-how-to-save-money/54-ways-to-save-money:
    — Build an emergency fund. Maintaining an emergency savings account may be the most important difference between those who manage to stay afloat and those who sink in debt.
    — Establish your budget. Start at the beginning of the month by tracking how you are spending you money by categorizing your receipts like groceries, entertainment and personal care. Then you will know where your money is going and how much is actually needed for each area of spending
    — Budget with cash and envelopes. This technique is used to curb overspending. Designate an envelope for a certain area of spending, and once the money in that envelope is gone, no more is allowed to be spent.
    — Put a designated amount in a savings account each month to plan for college expenses, retirement or emergencies.

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