If spending less and saving more is always on your to-do list, here’s an idea: focus on putting your savings strategy on autopilot. Save $20 a week automatically through an online transfer from checking to savings, ideally soon after you are paid.
Almost all banking institutions will, on request, automatically transfer funds monthly from your checking account to a savings account so sign up for the weekly recurring transfer online. Why not right?
**FYI: If you start this month, and deposit $20 a week for 52 weeks into your savings account, you’ll have $1,040 saved by the end of the year!