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Tuesday, December 6, 2011

Personal Finance Daily: Tips for increasing your savings success

MarketWatch
Personal Finance Daily
DECEMBER 06, 2011

Tips for increasing your savings success

By MarketWatch



Don't miss these top stories:

How can you increase the odds your savings plans will be successful? Pay closer attention to how your mind works. The way you think, Jeanette Pavini writes, can make a big difference in your saving goals. When you know you have to save for something, do you think more about why you're saving or about how you'll save? Either way, there are strategies that will help ensure that balance in your account just keeps climbing.

Also in Personal Finance today, our colleagues at SmartMoney offer some tips on holiday tipping. Times are hard and your budget may be tight, but you don't want to play Scrooge, right? Here's how to rein in spending but still reward a job well done.

Anne Stanley , managing editor, Personal Finance

Tips for increasing your savings success

When it comes to saving money, one size may not fit all. The theory of setting a specific numerical savings goal may work for some people, but actually works to the disadvantage of others.
Read more: Tips for increasing your savings success.


5 tips on holiday tipping

Here are ways to not overdo your holiday-tipping budget, but still reward a job well done.
Read more: 5 tips for holiday tipping.


INVESTING

Don't get mad at Wall Street, get even

Be prepared to step up to the plate to buy stocks that are both heavily owned by mutual funds and which have suffered large year-to-date losses. These stand a good chance of bouncing back in January, once the window dressing has passed.
Read more: Don't get mad at Wall Street, get even.


Patricia Dunn gave investors a better mousetrap

Patricia Dunn, the former chairwoman of Hewlett-Packard Co. (HPQ) who died Sunday at 58 after a long battle with cancer, deserves credit from any investor who has ever owned an exchange-traded fund.
Read more: Patricia Dunn gave investors a better mousetrap.


ECONOMY & POLITICS

Dump your bank

Occupy Wall Street is fueling a nationwide debate about the banking system and just how people can escape it.
Read more: Dump your bank.


A bridge too difficult by far

One of the biggest trade and economic barriers between the United States and Canada will continue to fester and may not even be mentioned at an upcoming meeting of U.S. and Canadian leaders. Billionaire trucking magnate "Matty" Moroun is almost single-handedly holding up the building of a new bridge to at the major trade link of Windsor, Ont., and Detroit.
Read more: A bridge too difficult by far.


Australia cuts rates, citing global growth fears

Australia's central bank cuts its key cash rate for the second month in a row amid fears the slowdown in Europe has dampened the outlook for global growth.
Read more: Australia cuts rates, citing global growth fears.


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