How we saved a lot of money

By Marcie Geffner -

Many people struggle to save money. But others find saving allows them to finance their biggest goals without the added interest expense of debt.

Here, three big savers tell how they socked away money for a goal: $15,000 for a new car, $85,000 for a condominium and $5,000 for five rooms of new carpeting.

Elle Green, 35, a recipe-testing and development consultant in Memphis, Tenn., makes a mean sweet potato cake, and that's "mean" in a good way. In fact, Green's cakes are so popular that her hobby of baking them for family and friends enabled her to save $15,000, which she used to buy a new car.

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