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Saving money is easier said than done.
This includes personal savings, emergency funds, non-workplace retirement accounts and investments.
To help you reach your financial goals, here are six ways to saveaccording to top financial gurus.
He also stated that most behavior is habitual.
Another way to earn more and start saving is to earn income outside of your job.
He also prefers to spend with cash instead of using a credit card.
Ive got anAmerican Express card, which I got in 1964, Buffett told Yahoo Finance.
But I pay cash 98% of the time.
Opting to pay with cash can save you on credit card interest and prevent overspending.
Live Below Your Means
Dont spend what you dont have.
If its a want, stash your money.
However, Cruze is on board with one spaving hack buy one, get one deals.
Some stores will also mark down by 50% if you just purchase one item.
This is assuming a 0.1% fee and a 7% return over 40 years.
And how do you do this?
Increase your investment rate by 1% per year, he advised.
That single decision alone would make you hundreds of thousands of dollars, he said.
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