7 Sneaky Savings Strategies for Generation Y

Try these tricks to build a better financial future.

As a group, we young adults are divided on the issue of savings. More than half of us can pat ourselves on the back: According to a survey from America Saves and the American Savings Education Council, coordinators of America Saves Week (February 21 to 28, 2010), 51% of adults ages 18 to 34 are saving for specific goals.

But for the rest of you, saving may seem daunting or even impossible. How many people make enough money to call any of it “extra?” But, really, saving is not as hard as you think. And starting to save soon (like right now) will give even a pittance time to grow into a big deal.

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Stacy Rapacon
Online Editor, Kiplinger.com

Rapacon joined Kiplinger in October 2007 as a reporter with Kiplinger's Personal Finance magazine and became an online editor for Kiplinger.com in June 2010. She previously served as editor of the "Starting Out" column, focusing on personal finance advice for people in their twenties and thirties.

Before joining Kiplinger, Rapacon worked as a senior research associate at b2b publishing house Judy Diamond Associates. She holds a B.A. degree in English from the George Washington University.