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Making Saving Easy

April 9th, 2011 at 11:02 am

I have a couple of ways that make saving money easy for me.

The first is by having an automatic transfer set up so that each week a specified amount is sent from my checking account to a savings account. Right now we are saving for house repairs and to replace my husband's truck. So I set up two automated transfers. My husband gets paid on Thursday and the transfers are scheduled to take place every Monday. Both items are budgeted for weekly and I don't have to give it another thought.

The other way to save that is painless for me is putting any change we receive in a box. I never spend change. One of the first things I do when coming home from grocery shopping is to clean out my wallet of any change and depositing it into the box. Periodically I get the box out, roll the change and deposit it into my checking account. I usually will then send it to one of my designated savings accounts, or if a budgeted account has had more expenses than I had foreseen, I'll use the change to build that back up.

Both savings ways are easy for me and require little effort. It's amazing how quickly both will add up!

4 Responses to “Making Saving Easy”

  1. creditcardfree Says:

    Great advice!

  2. rob62521 Says:

    Sounds good!

  3. Ladya70 Says:

    In addition to change, I've started saving all my one dollar bills. It adds up as well and really makes you think before you spend

  4. -Jerry- Says:

    I like your thinking, because I also believe that "out of sight" leads to "out of mind." By direct depositing the money, and putting the change away, you are able to have some insurance that you are not missing the money psychologically, because you aren't thinking about it! Great job...

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