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Asset Preservation Advisors


State: GA

APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Online Saving Money Tool Calculates How Small Cuts Grow to Big Cache

Doing without snacks can put you in the chips

To cut and what to cut? Those are the questions in tight-budgeted-households in which saving money has become a priority in this prolonged economic downturn. What could you do without and how far would that stretch your dollar? "My Savings Machine," a newly introduced tool from is a calculator that identifies saving opportunities and calculates your savings in a wide variety of categories over time.

For those who think their budget allows no room for saving or who thinks they cannot save enough money to make it worthwhile, you’d be surprised at how much you could save by foregoing that cup of coffee, vending machine snack or lottery ticket.

Frugality is a prized trait amongst households across all wealth levels, according to surveys conducted this year by Millionaire Corner. Three-quarters of Millionaires rank it among the primary factors responsible for their success.  In a separate survey conducted last May, 70 percent of Millionaires said they considered themselves “savers.”

But real life can put even the most fiscally responsible to the test, with millions forced to dip into their savings or even take taxable withdrawals from the retirement plans just to meet day-to-day expenses.

"My Savings Machine" illustrates how the tiniest of steps can take you the farthest in achieving your financial goals. The calculator allows you to add up to four of several expense categories, including bars and nightlife, bottled water, car wash, cigarettes, eating out, groceries, and gym memberships.

Using sliders, select how much you spend a week on the selected category, the expected rate of return if you put that money into an online savings account, and a designated time period to achieve your financial goal. For example, the $5 you drop into a vending machine each work week for granola bars (okay, bags of potato chips)? Do without and "My Savings Machine" calculates that at just a 1 percent rate of return, you could save $260 in a year.

Something more eye-opening? Forego that $4 cup of Starbucks coffee each workday and by the end of the year, at that 1 percent rate of return, you’ll have $1.040 saved up.

"My Savings Machine" was created especially for people who believe that there is no room for saving in their budget and who think they can’t save enough money to make it worth while, said in a statement.

So what could you live without each day and how much would you save? Use My Savings Machine and let us know.