Financial advisor offers tips for saving money in the new year

7:17 PM, Jan 8, 2014   |    comments
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TAMPA, Florida (WFLA) -- When it comes to saving money, many people have a hard time getting started.

Morgan Stanley financial advisor Steve Overton says there's no "silver bullet" or "one size fits all" when it comes to setting money aside, but he has a few ideas.

There's a chart circulating on social media many are calling the "Money Saving Challenge."

You save $1 the first week, $2 the second, $3 the third, and by the time you hit 52 weeks you have almost $1,400.

"If you're not normally a saver, this is a great gimmicky way to remember to save," Overton said. "I'm all in favor of it."

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