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In GOBankingRates recentSummer of Savings survey, only about 16% of Americans say they dont plan to celebrate.
How are the rest planning to mark the holiday and how muchmoneywill you save by having no plans?
So what are those who plan to shop expecting to spend money on for the Fourth?
Its probably no surprise, but thetop item peopleplan to spend money on is food for their Fourth celebrations.
Those figures dont even include the costs of airfares, gas and hotels.
Perhaps you could consider saving orinvestingit.
You might be a consumer who follows the 50-30-20 rule or a similar one.
That money you are saving on July Fourth could be an excellent amount for savings orinvesting.
Lets say you save $100 on this holiday.
Its all about getting started.
One idea is to open a Roth IRA.
After all, its never too soon to start thinking about and planning for retirement.
If youre looking to invest, there are some low- and high-risk options.
The low-risk options include certificates of deposits, Treasury bonds andhigh-yield savingsaccounts.
You could try individual stocks or venture capital if youre looking for more high-risk routes.
Lets say you want pretty much no risk.
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