Saving is not a culture for the 20’s, 30’s or 40’s only. It should be everyone’s culture.  The sun might be a beautiful sight to behold but there is no guarantee that it will always be sunny. So what happens on those rainy days? Life has shown that you don’t need it until you do. And unless you’re saving, there’s a good chance you won’t have it.

There are quite a few ways you can start stacking your savings account now without feeling like your money would be better spent elsewhere. Research has it that we tend to save better when we set out a savings goal. Once you do accomplish it, set a higher one and keep stacking. Ultimately, you’re never done saving.

Once you determine how much you can save each paycheck or each month, set up alerts to transfer the money into your savings. Once I started putting more money into groceries and less into eating out, I saved a ton of money. This could be a good move for you if you’re looking for ways to start building up your savings account.

Almost all banks offer automated transfers between your checking and savings accounts. You can choose when, how much and where to transfer money or even split your direct deposit so a portion of every paycheck goes directly into your savings account. Splitting your direct deposit and setting up automated transfers are simple ways to save money since you don’t have to think about it, and it generally reduces the temptation to spend the money instead.




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