Harvesting the Nest Egg

Despite the positive news of a gradually rebounding economy, harvesting the nest egg is paramount then ever.

1)    Assess spending habits. Tally all personal expenditures for food, personal maintenance, clothing, entertainment, mortgage, healthcare insurance, fuel costs, et cetera.

2)    Figure out how to reduce overall spending by 5 percent.

3)    Next, stockpile a minimum of 10 percent of the monthly income into a high yielding savings account.