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Lent 2013: Give Up Bad Habits for Six Weeks and Save $1,000, According to Go Banking Rates Report

Today, Ash Wednesday, marks the start of Lent 2013 – the six weeks leading up to Easter during which the religious and the secular alike put aside bad habits to prepare for Easter Sunday. Lent observers can also use this period of preparation and purification to add $1,000 or more to their savings account, according to leading personal finance website, www.GoBankingRates.com.

EL SEGUNDO, CA, February 13, 2013 – Today is Ash Wednesday, which marks the advent of Lent 2013, the six-week period lasting from February 13 to March 30, the day before Easter Sunday. The observation of Lent, in which many Americans practice self-denial to purify themselves and reprioritize their lives, is enacted by over one third of Americans. According to the Marist College Institute for Public Opinion, the most recent researchers on the subject, 34% of American adults planned to observe Lent in 2009.

Though Lent is traditionally observed by Catholics and other Christian denominations, it can help individuals of all beliefs or backgrounds develop self-restraint and break bad habits. And, according to a new report from leading finance resource Go Banking Rates, observing Lent can help participants practice and establish better financial habits and learn how to save up money.

“If you’re undecided on whether to participate in Lent 2013, do it for the sake of saving money,” says Paul Sisolak. “This religious observance is the perfect time to make some personal changes to not just ourselves, but our finances.”

Go Banking Rates investigated the vices most commonly given up for Lent, usually motivated by the desire to become focused on holy pursuits, and uncovered that by giving up the three bad habits named in the report, consumers could save more than $1,000 in 40 days.

To see the complete report on saving money during Lent 2013, click here.

About Go Banking Rates
GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.


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