Rossen Reports: How to save $10k a year (2024)

Rossen Reports: How to save $10k a year

Get this. Nearly half of us have less savings or none at all compared to last year. But think about how much better we'd all be if we could save $10,000 *** year. Thanks, Captain. Obvious Jeff sounds too hard. I, I get it, but let me break it down for you. So it becomes *** little more, you know, feasible. $10,000 *** year means saving $833.33 *** month. Breaking it down even further to make it more manageable means you have to save $192.31 each week. Also sounds like *** lot. That's 27 bucks and 40 cents every day. If you're sharing this with *** spouse, cut those numbers in two. Right. Your part is only $13 70 cents *** day. If you need help figuring out how to save that kind of cash. It's *** lot. Here are three tips. First start by calling up some of your service providers, whether it's your cell phone provider, your cable company discuss the price you're paying and what you're getting in return. Maybe there's *** feature you don't like or need like premium channels on your bill that you don't actually watch? When was the last time you actually looked at your bill to see what you're paying for? And you can also call those companies up by the way and say, hey, by the way, maybe I'll switch over to if you don't give me *** better deal. Try anything. Second. Try the $5 challenge. Any time you get some sort of cash back from your credit card rewards, put $5 of it into savings and finally apps like shine and acorns and rocket money sign up for those. They're automatically going to put money aside for you to get your, to your savings goal. They're going to do it for you. I'm going to put *** few more of these tips and I know it's hard but you can do it at Rosson reports dot com. Back to you.

We’re all facing an uncertain economy with high inflation and rising interest rates. But now a new survey from the financial website Bankrate.com says we’re not putting enough money into our savings. So how can we fix this?Financial experts say saving $10,000 a year would be best. Sound too hard? Let’s break it down. If you need to save $10,000 a year, that means saving $833.33 a month. Breaking it down even further, this means you’ll have to save $192.31 each week or $27.40 every day. If you’re sharing this with a spouse – cut these numbers in two. You will need to save $13.70 a day.Here are three tips for squeezing a few bucks into your savings:Call some of your service providers, whether it’s your cell phone or cable provider, and discuss the price you’re paying and what you’re getting in return. Maybe there’s a feature you don’t need. Like premium channels on your cable bill that you don’t actually watch.Try the $5 challenge. Anytime you get some sort of cashback from your credit card rewards, put $5 of it into savings. Apps like Chime, Acorns and Rocket Money will automatically put money aside for you to get you to your savings goal.

Financial experts say saving $10,000 a year would be best. Sound too hard? Let’s break it down. If you need to save $10,000 a year, that means saving $833.33 a month. Breaking it down even further, this means you’ll have to save $192.31 each week or $27.40 every day.

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If you’re sharing this with a spouse – cut these numbers in two. You will need to save $13.70 a day.

High rates, low fees draw more people to online banks — have you made the switch?

Here are three tips for squeezing a few bucks into your savings:

Call some of your service providers, whether it’s your cell phone or cable provider, and discuss the price you’re paying and what you’re getting in return. Maybe there’s a feature you don’t need. Like premium channels on your cable bill that you don’t actually watch.
Try the $5 challenge. Anytime you get some sort of cashback from your credit card rewards, put $5 of it into savings.
Apps like Chime, Acorns and Rocket Money will automatically put money aside for you to get you to your savings goal.

Survey: Business economists push back US recession forecasts

As an expert in personal finance and savings, I've closely analyzed the information provided in the article titled "Rossen Reports: How to save $10k a year" by Jeff Rossen, Chief National Consumer Correspondent. Let me break down the key concepts and offer additional insights:

Saving Goal Overview:
- The article suggests that individuals should aim to save $10,000 a year to improve their financial situation.
Monthly, Weekly, and Daily Breakdown:
- To achieve the $10,000 annual savings goal, one needs to save $833.33 per month.
- Breaking it down further, the weekly savings target is $192.31.
- On a daily basis, this translates to saving $27.40.
Sharing with a Spouse:
- If you are sharing the savings goal with a spouse, the amounts mentioned above should be divided in half. Therefore, each person would aim to save $13.70 per day.
Tips for Achieving Savings:
- The article provides three practical tips for individuals looking to save money:
  - Negotiate with Service Providers: Contact service providers such as cell phone or cable companies to discuss pricing and features. Eliminate unnecessary features to reduce costs.
  - $5 Challenge: Whenever you receive cash back from credit card rewards, put $5 of it into savings.
  - Use Savings Apps: Utilize apps like Chime, Acorns, and Rocket Money, which automatically allocate money towards your savings goal.
Economic Context:
- The article mentions the backdrop of an uncertain economy with high inflation and rising interest rates, citing a survey from Bankrate.com that indicates people are not saving enough.
Online Banking Mention:
- There's a brief mention of high rates and low fees drawing more people to online banks, posing the question of whether readers have made the switch.
Survey on US Recession Forecasts:
- Towards the end of the article, there is a reference to a survey indicating that business economists are pushing back U.S. recession forecasts.

In summary, the article emphasizes the importance of saving $10,000 annually, provides a detailed breakdown of monthly, weekly, and daily savings targets, and offers practical tips for achieving this goal in the current economic climate. It also touches on the trend of people turning to online banks and includes information on a survey related to U.S. recession forecasts.