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Is Saving 500 A Month Good? [Solved]

Should you strive to save even more? Yes, saving $500 per month is good. Given an average 7% return per year, saving five hundred dollars per month for 37 years will end up being $1,000,000. However, with other strategies, you might reach 1 Million USD in 21 years by saving only $500 per month.

Bad Retirement plan - Saving $500 a month in a bank account (This is NOT the smartest move)

Need a retirement plan but feel it’s too late. The

How I Save $500 A Month - Money Saving Tips

No one likes to

8 Ways to Save Money on Groceries Without Sacrificing Your Health

In this video, I explain how we feed our family of 7 for less than $500/