In today’s world of busy it is easy to lose track of the important. So here is one easy idea to save more. Set up an automatic transfer each pay period so that a portion of your check goes directly into savings. How much you ask? As much as you can!
Financial advisors recommend having from three to six months’ living expenses set aside. They suggest that you save at least 10% per check. If you can do more, great; if you can only do 1% right now, that is good too. Start where you can but start.
This savings account will allow you to meet unexpected costs, save for future dreams, and on occasion splurge on an opportunity that you find worth postponing your other goals.
TO DO: Open your banking app and set up the transfers.