3) Save Automatically
A good way to save money is to make it disappear automatically from your paycheck and into a savings account. Set up your direct deposit to send a certain amount from each paycheck into a savings account and just forget about it. Make it a reasonable amount to start with, such as the amount of money you normally spend on something you can really do without. Make sure your budget for bills, rent, food, etc., are covered, so that you are not tempted to tap into your savings. The whole idea of a savings account is to save money. A good way to start is to set short term goals, depending on your income. Don’t go for the Bentley right out of the gate. A good goal is saving enough to cover at least three months of expenses.
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