Saving Made Easy

Earning an income is not about how much money you make, but how much you actually get to keep. What I’m going to advise you in the next few tips will change your finances completely, but only if you actually put them into action. Advice is worthless if you don’t make changes and create new habits.

Read this carefully and take ACTION 



Set a reasonable amount of your income to automatically transfer into a separate savings account.  I recommend a minimum of 5-10%, but do what works best for you and your budget. Make sure the account you contribute to has a high-yield interest rate and little or no maintenance fees. It’s important to set the automatic transfer so you won’t create excuses or “forget” to do it yourself. Either work with your payroll department or set it up yourself on the company payroll platform. Typically you only require your account number and the routing number, which the bank will provide you. I also suggest that you open it with a bank separate from your checking so it is harder to get access to. For example, if your debit checking account is with Santander, open a separate savings account with Ally Bank. It is good to do some research and find which bank works best for you and which pays the highest interest. Saving even just $25 every week will leave you with $1,300 after one year, $6,500 after five years, and $13,000 after ten years. Save $50 or $100 a week and you will double or quadruple those numbers in the same amount of years plus interest!


Get rid of cable and save that money. Chances are you work full time go to school full time, or have a busy lifestyle where you are barely even home. With technology advancing every single year, there is plenty of access to movies, TV shows, Netflix and even YouTube. Cable is a luxury not a necessity and it’s likely that you’re being overcharged anyway. You barely have time to use it, so you might as well cut it and improve your cashflow. Yes, it may only roughly be $85 and include all your favorite channels and TV shows, but guess what? Those shows don’t pay YOU. Cutting cable at $85-$200 a month will save you easily $1,020 to $2,400 a year! And for those who don’t have to pay cable, find another bill that is not needed, get rid of it, and save it instead. Your bank account will thank you later.


Put all your loose change in a jar. Money is money and I don’t care how ridiculous that sounds, putting loose change in a piggy bank adds up. Make it a habit to empty out your pockets and save whatever loose change you get. Whether it’s a few dimes, quarters or dollar bills, put it away and don’t touch it. The money will add up over a period of time without you even realizing it. Try it for a month or two and you’ll be just as amazed as I was.


Put your pride aside and use coupons, discount codes, or find deals online. Sounds cheap? It is. Be more frugal with your money. I mean, why not? You worked hard for your money. Why waste your 40+ hours of hard work (at a job you probably hate) on frivolous expenses. Companies and businesses (especially retail) overprice everything. If you are paying the full price for anything, you are getting ripped off. Instead of blowing your money, use a coupon or find discounts online and save that money instead. Make it a habit to at least look for some sort of price reduction. I do it all the time and save hundreds of dollars every year!



Roberto Green Jr
Roberto Green Jr is an avid writer and aspiring author. His work has been featured on The Cover Magazine, Year Up Inc. and MAQTOOB for Entrepreneurs. He is also the founder of Resume Starters where he has helped his clients' find jobs, transfer positions, earn promotions, and gain salary increases through his creative resume writing skills.