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7 Money-Saving Tips That Actually Work


iLet's be honest: Saving money isn't much fun. But If we spent it all without care, we'd never reach long-term goals like buying a home or retiring. Like it or not, unless you win the lottery or inherit millions, you have to make saving a part of your life. Try a few of these tips to make it easier.

Saving can be difficult because you often think about what it prevents you from having right now, so you might be tempted to spend instead. Automating savings can help by ending all of that internal debate. You decide how much you'd like to save each week, pay period, or month -- and then your bank will automatically transfer those funds to your savings account according to the schedule you set up. You don't have to think about it or remember to transfer any money on your own. All the saving happens in the background, and you can spend the rest of your money (after bills) guilt-free.

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Source Fool.com


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