Building savings can feel like a lofty goal. And, if you’re not sure where to start (or just a pro procrastinator), it can be easy to put it off. The best thing you can do for yourself is just to start. Call them hacks, tips or insider info – either way, these 5 easy steps to start saving will set you on your way to reaching your goals in no time.
Change Your Mindset – Savings are a necessary expense. When working out your monthly budget, include a little bit for savings, too.
Use Cash Over Cards – This way, you’ll be forced to stick to your budget.
Start Small – Every little bit counts. Think: a dollar a day, a fiver a week, or $50 a month.
Make It Automatic – Set up Direct Deposit at MembersFirst Credit Union, and direct a portion of your income into your savings account so your savings can grow with no effort on your part!
Don’t Spend It On Luxury Purchases – Instead, save up separately for expensive indulgences.
Your Turn: What’s your secret savings hack? Share your best tips with us in the comments!