What if you could somehow save money and not think about it, almost as if the idea of putting money aside or saving it was on autopilot?
As much as that sounds too good to be true, it certainly is possible if you consider some easy steps to making your savings account grow or just getting one to begin with to get started.
Those who are smart with money know that there’s one overwhelming fact they can’t overlook: they pay themselves first. They have a budget in place, and the money leftover goes directly to a savings account, almost as if you’re paying yourself twice after receiving a paycheck and then paying what you owe. Paying yourself means you automatically take a certain dollar amount and have it transferred into your account, not waiting for you to do that.
If you don’t have money left over, then you budget doesn’t work.
That budget allows you to monitor your expenses but also know your income isn’t being wasted. If you make it a point to pay yourself first, then you won’t feel bad about buying a few pieces of clothing, eat out at a restaurant or having date night with dinner and a movie.
Beyond paying yourself, those who make saving money an afterthought also do small, minute things that add up quickly. They’ll take their leftover change and put it in a jar or they’ll take advantage of cash back bonuses and use them to directly deposit them into your savings account.
As far as spending goes, and this coincides with budgeting, smart money savers who don’t think too much about saving because they don’t have to make it a point to not go over personal spending budgets because they pay with cash. That means they don’t fall prey to whipping out a debit card or, worse yet, a credit card to make purchases. They adhere to what they are permitted to spend, and nothing more. When the money runs out, so does their penchant for buying, rather than trying to justify buying whatever it may be.
While saving money shouldn’t be an afterthought, if you’re good at it, you really just have a quality system in place to be able to do exactly what you want, and that is making sure your financial future is sound, safe and will ensure you won’t be scraping around looking for funds just in case an emergency situation arises.
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