top of page

How can I automate my savings to make it easier to save?

Curious about personal savings

How can I automate my savings to make it easier to save?

Automating your savings is a great way to make it easier to save and ensure that you are consistently putting money away towards your goals. Here are some ways you can automate your savings:

1. Set up a direct deposit: Ask your employer to split your paycheck between your checking and savings accounts so that a portion of your income is automatically deposited into your savings account.

2. Use a budgeting app: There are many budgeting apps that allow you to set up automatic transfers from your checking account to your savings account on a regular basis.

3. Set up automatic transfers with your bank: Most banks offer the ability to set up automatic transfers between accounts, so you can set up a recurring transfer from your checking account to your savings account.

4. Use a roundup app: Some banking apps allow you to round up your purchases to the nearest dollar and transfer the difference to your savings account.

5. Consider a recurring deposit scheme: Many banks and financial institutions offer recurring deposit schemes that allow you to automatically deposit a fixed amount into your savings account on a regular basis.

Automating your savings can help you stay on track with your financial goals and ensure that you are consistently putting money away towards your future.

Empower Creators, Get Early Access to Premium Content.

  • Instagram. Ankit Kumar (itsurankit)
  • X. Twitter. Ankit Kumar (itsurankit)
  • Linkedin

Create Impact By Sharing

bottom of page