America Saves Week 2019: Day 2 - Automated Savings

Wake up and make your savings automated!

Have you ever thought, that you will regularly put away some money away for savings? But then - either the money was spent before you could transfer it or you simply forgot to make the transaction?

Automated savings is a simple and effective way for preventing this and reach your saving goals! You define a certain amount of money you want to save for a certain purpose and then transfer this amount automatically to a dedicated account. Read more about it on https://americasaves.org/for-savers/save-automatically#ASW19.

If you need help in figuring out the correct amount for your savings, a Daily Money Manager can be a good resource.