Teenage Entrepreneur of HelpSaveMyDollars.com appeared on NBC's TODAY Show on January 28

Jan. 29, 2010 - PRLog -- HelpSaveMyDollars.com advises people on how to save money without changing their lifestyle. On the site, “The 20 Laws of Saving Money” are 20 simple money saving tips that are bound to reduce your expenses.  HelpSaveMyDollars.com also aims to promote financial literacy among young people.  Scott Gamm notes, “People go through high school without learning anything about personal finance and saving money.  Given these tough economic times, I started this site to provide this critical information”.

Many people will get into credit card debt with the upcoming holiday shopping season and HelpSaveMyDollars.com is trying to prevent that!  The site features daily articles focused on saving money.  HelpSaveMyDollars.com also advises people on how to prepare for the new credit card laws (Credit CARD Act of 2009), which will go into effect on February 22, 2010.  HelpSaveMyDollars.com also presents readers with a "Weekly Goal", aimed at encouraging people to put away more money for the future and to become more responsible with money.

HelpSaveMyDollars.com’s “Expense Calculator” will calculate how much money you’re saving each month when you enter in your take-home income, followed by all of your expenses.  With the expense calculator you can: distinguish between “wants” and “needs” and pinpoint where you spend your money each month.  

HelpSaveMyDollars.com is written in a user friendly and easy to understand way and addresses the high costs of college in its latest section, “College & Money”.  This section also enlightens teens and young adults on the best way to apply for their first credit card and how to afford college tuition.  Every teen should know the information in this section of HelpSaveMyDollars.com before they enter college!

One of the best ways to save money according to Scott Gamm is to bargain and negotiate on everything you buy!  Whether it is a car, house, new computer, clothing—ALWAYS ask the seller for a lower price.  The worst the seller can say is “no”.  In this section on HelpSaveMyDollars.com called “Bargaining 101” readers can learn of 12 tips on how to negotiate like a pro, and read about real-life case studies on how negotiating experts used their experiences to save money through bargaining.

HelpSaveMyDollars.com is an essential tool to all during these tough economic times.  Articles include topics such as using your iPhone to save money, the economy, the unemployment rate, college costs, ways to reduce your expenses and tips on how to save at the grocery store!  Aside from a complete re-design of the site, readers can now comment and share their thoughts on articles posted on HelpSaveMyDollars.com.  The HelpSaveMyDollars.com Twitter page, twitter.com/SaveMyDollars, and Facebook page are full of daily money saving tips.  

Scott Gamm is 17 years old and is in his Senior year at Syosset High School on Long Island, NY and will attend The Stern School of Business at NYU in Fall 2010.  He is the Editor-In-Chief of his high school newspaper and has just finished up a summer internship at the office of Senator Kirsten E. Gillibrand.