Savings Basics — 10 Tips for Saving

 10 Tips for Saving

  1. Whenever you get money, put some into savings right away.
  2. Set a savings goal. Think about your hopes and dreams.
  3. Slow down your spending. Think more about saving.
  4. Keep your savings in a safe place so that you’re not tempted to spend it.
  5. Include saving in your budget. Even small amounts add up over time.
  6. Think about cutting back on expenses (such as eating out, cable TV, and electronics).
  7. Talk to your friends and family about saving. Support one another’s goals.
  8. Save your money in a bank or credit union by setting up a savings account.
  9. Consider having an emergency fund. Aim to save three to six months of living expenses.
  10. Monitor how well you’re saving.

Find more tips at www.bankit.com.

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