Money Saving Tips: Pay Yourself First


Are you looking for some simple ideas to save money? We have simple solutions that you can easily apply to your lifestyle to save money!

This is an effortless way to save a lot of money.

There’s just one simple step:

Every time you get a paycheck, “pay yourself first”.

Before spending any money, try taking 10% of the your paycheck and put it in a savings account, or more preferably, an investment such as a Roth IRA where it can grow itself.

 If 10% seems overwhelming with all of the other bills you have to pay, start saving 5% per paycheck.

When you can manage saving 5%, move up to %10 or even 20%.

By being constant with your money saving, you’ll end up saving a lot over time.

The important thing is that you’re consistently saving something each time you make money!

good luck.

 

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