Submitted by stewartj 993 days ago Categories: finances saving

1 Rate!

It's hard to save, but it's something you must absolutely do.

If possible, the easiest way is to redirect your pay as it comes to you. If you're paid electronically, either have you employer put 10% of your pay into a separate account, or create an automatic transfer with your bank that happens the day after pay day. If the money is never in your account you'll never see it, and you'll never spend it.

If you put the money into a deposit-only savings account it will grow very quickly, and when you've got a bit of money you can put it away into a managed fund or some other investment.

Happy saving!