Paying Yourself First To Save More

Starting A Habit

Change is difficult for many, but it’s easier to get into a habit such as saving than you think. If you’re going to save, you can start now and make it a habit fast. Start by creating your budget and delving deep into your finances to see where you are going with this. Next, transfer money from each check to your savings account, and make it the first thing you do each time you’re paid. It takes, on average, twenty-one days to create a habit. Giving yourself one month to create a new habit means you’re allowing yourself the opportunity to make this your lifestyle. If it’s a habit, you won't think twice about it. You won’t miss the money you’re putting into savings, and your mindset about money changes. Once you see your savings grow before your eyes in such as short period, it’s difficult to turn away from it. You become addicted to seeing that amount grow every month, and you might even find yourself looking for additional ways to save even more money.

Continue reading to discover the best places to keep your money.