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Dont just say to yourself, I need to save more, without setting a clear target.
My first target was saving just $500 for an emergency fund.
It wasnt a big number, but it was achievable.
Once I hit that milestone, I upped my goal to $1,000 and then $5,000.
And thats because I was committed to building my savings.
Any unexpected money that came my way was an opportunity to get ahead.
I allowed myself to spend the other $200 guilt-free.
Thats why I set both short-term and long-term financial goals.
Short-term goals give me quick wins, and long-term goals keep me focused on the bigger picture.
Automate Savings
Automating savings is the number one piece of advice I give my friends and family.
Ill save extra next month, Id say.
Spoiler: Next month never came.
It helped me stay consistent and took the guesswork out of whether and how much to save.
So, if you havent already, set up automatic transfers from your checking account to your savings account.
Even if you just transfer $100 biweekly or monthly, it adds up.
you might also make automated contributions to your retirement accounts.
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