Friday, January 31, 2014

Money Saving Tips: Paycheck to Savings Account

A good money saving tip is to think of a percentage you want to put toward your saving account before your pay check even arrives. This way you barely get a chance to look at all of the money before it is put away in savings and will not be tempted to spend it. Think of this as 'paying yourself' so this money can go towards that trip or item you are saving up for! This money will accumulate quickly if you do this for every paycheck. Just think, the more you save now, the more you can spend later. Won't that reward all be worth one less Starbucks trip a week or not eating out that one extra day?

I try and do this with my paychecks. Even putting $5 or $10 away each paycheck will add up after a while.

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