How To Save Money Without Thinking About It

If you want to save money without ever thinking about it (who doesn’t), now you can! According to a 2015 study, 21% of Americans don’t have any savings at all, and that’s pretty bad. Here’s how to save money without having to stress over it.

1. Make it automatic – Set up auto-pay from your checking to savings each month and pay yourself first.

2. Open a savings account – This will inspire you to continue to make good moves in your financial life.

3. Don’t just depend on your credit card – “A savings account can help protect you from sky high credit card interest rates when life inevitably happens,” says financial planner David Rae.

4. Time is on your side – If you put away $10 every week from the time you’re 18 – 65, you’ll have saved $24,440. That’s something!

5. Know that you already have all the tools to do well – If you’re disciplined in the gym, chances are you can also discipline yourself to make good financial decisions.

Source: Women’s Health