Saving money: a smart habit

[BSClay]

Saving money, especially these days, can seem impossible. The secret is starting small and staying the course.

Don’t try to save too much all at once. Set a goal of saving just 5 percent of your income every month. Give yourself a regular reminder, perhaps by sending yourself an e-mail every payday; studies suggest people save more consistently if they’re reminded on a regular basis.

As time goes on, increase the amount you save. If you’re careful and committed, you can probably get up to 10–15 percent, which, over time, can add up to quite a lot of money.

[moneysense]

Even saving your change can add up rather quickly. I cash mine in every couple of months and usually end up with well over a hundred dollars that I can put in my savings account.

Even sticking away your dollar bills for one month will add up to a lot of cash to add to your savings.

Cutting back on some things you usually buy and dont really need and adding that to your savings on top of your change and dollar bills can really add up over a couple of months time.