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COPYRIGHT 2001 The Dallas Morning News
Byline: Pamela Yip
May 28--Alwin and Cheryll Cayas don't earn a great deal of money, but they're not letting that keep them from saving.
"If you don't have that much money, there's always a way for you to save," said Ms. Cayas, 24, a secretary. "It's all about ...discipline."
Many people who don't draw a big paycheck think saving is out of the question because they need every penny for daily living expenses. But saving is a combination of getting in that mindset and backing it up with concrete action. If you do both, you'll find that you can save, even with limited resources.
First, decide that you want to save money and etch that determination into your core being. That's crucial because developing a savings habit will mean that you will have to change your behavior and way of thinking.
Secondly, know what you want to do with your savings.
"Research shows us that one of the key factors that helps people save is to have some sort of goal," said Lynn White, professor of family economics at the Texas Agricultural Extension Service at Texas A&M University. "It could be a short-term goal like to have enough money to take my family out to dinner once a week. People get the feeling that they're accomplishing...
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