200% INTEREST ON YOUR MONEY; FINANCIAL MATH, SIMPLE MATHEMATICS, EXAMPLES FOR PERSONAL FINANCES
How to Manage Your Bills, Checkbook and Credit Cards
Personal finance tips for simple management of your money, income and debt.
How to balance a checkbook and easily find mistakes. When to pay bills and avoid late fees, penalties and bad marks on your credit record. How to keep unplanned expenses from making you go into debt.
Consumer guide to frugal living - from previous newsletters © Copyright 1995-2000 by SAVVY-DISCOUNTS.com - All Rights Reserved
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8.9 200% INTEREST ON YOUR MONEY; FINANCIAL MATH, SIMPLE MATHEMATICS, EXAMPLES FOR PERSONAL FINANCES
If you can "find" an extra $200 or so, how much of a return could you get if you invested it in stocking-up your pantry at sale or close-out prices?
Let's say you can stock-up every three months at a third less than you are paying now. That means that you would pay $200 for what had previously cost you $300, a savings of $100.
Since you do this four times a year, you would have saved $400 in a year's time. In percentages you received an annual return of 200% on your initial investment of $200.