Looking for a different way to save money? 4 rules for starting your own savings circle

<p>If you are trying to find different or extra ways to save money, there's an old option that's making a comeback right now.</p> <p>PennyWise host <a href="https://twitter.com/TeriBarrMedia">Teri Barr</a> is talking with <a href="https://www.nerdwallet.com/author/chanelle-bessette">Chanelle Bessette</a>, a Personal Finance Expert with NerdWallet, to learn how a savings circle or money pool may work for you. They also share the top four rules to follow to get this idea underway.</p> <p><strong>Previous Pennywise episodes featuring Chanelle:</strong></p> <ul> <li aria-level="1"> <p><a href="https://omny.fm/shows/pennywise/what-the-increase-in-the-federal-interest-rate-mea">What the Increase in the Federal Interest Rate Means for You and Your Money</a></p> </li> <li aria-level="1"><a href="https://omny.fm/shows/pennywise/four-of-five-americans-are-choosing-to-reallocate">Four of five Americans are choosing to reallocate their savings</a></li> </ul> <p><strong>More from Chanelle at NerdWallet:</strong></p> <ul> <li aria-level="1"> <p><a href="https://www.nerdwallet.com/best/banking/best-banks-for-overdrafts">8 Best Banks for Overdrafts</a></p> </li> <li aria-level="1"> <p><a href="https://www.nerdwallet.com/article/banking/what-is-regulation-e-and-how-does-it-impact-your-bank-account">What Is Regulation E and How Does It Impact Your Bank Account?</a></p> </li> <li aria-level="1"> <p><a href="https://www.nerdwallet.com/article/banking/how-to-save-more-when-inflation-makes-your-money-count-less">How to Save More When Inflation Makes Your Money Count Less</a></p> </li> <li aria-level="1"> <p><a href="https://www.nerdwallet.com/article/banking/varo-vs-chime-which-is-better-for-you">Varo vs. Chime: Which Is Better for You?</a></p> </li> </ul><p><a href="https://omny.fm/shows/pennywise" rel="payment">Support the show: https://omny.fm/shows/pennywise</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>