How to save money if you are a compulsive lottery player

By seashore

Rate: (2 Ratings)

start saving money

Instructions

Difficulty: Moderately Challenging

Things You’ll Need:

  • discipline
Step1
drive to local lottery outlet
Step2
browse through all the lottery tickets you would normally purchase
Step3
take the money you would use to purchase the tickets and put it in another pocket
Step4
go directly home and put that money into an envelope
Step5
write the date and amount of the money on the envelope and put it into a closed can that only can accept the money but you can open later on
Step6
make a log of all the deposits
Step7
at the end of 30 days open a high rate of interest savings acccount or paypal has a money market account that bares high interest
Step8
open an online brokarage account to purchase stocks you may research all of the different options online pick the best one that suits your wants and desires
Step9
you can subscribe to investment publications for educating yourself or you can call on a broker for advice
Step10
repeat the first steps every month and watch your money grow
Step11
now look back on all that you saved and think if you played the lottery every day and lost that dollar or at most broke even

Tips & Warnings

  • 2 dollars a day x 365 days equals 730 dollars a year plus interest

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eHow Article: How to save money if you are a compulsive lottery player

Article By: seashore

seashore

Authority Authority | 10470 Points

Category: Personal Finance

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