Two Simple Steps to Automating Your Savings

Do you have trouble paying your bills on time? Trouble saving money each month or funding your retirement accounts?
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Quite honestly...so do most people, even multi-millionaires!
Here’s how to hack your savings by using automation to pay your bills on time and SAVE money each month on autopilot.
Step 1: Put all your monthly bills on auto-pay. Your car payment, your rent or mortgage, car insurance, electricity, cable, credit card minimum payments. Everything that you know you have to pay and can’t miss a payment, put it on auto-pay.
Just make sure you have enough cash in your bank account to make the monthly payments!
Step 2: Open a high-yield savings account with AMEX or ALLY and send money via direct deposit or recurring auto transfer. Since this account is completely separate from your checking, there’s no way to spend it or waste it, and you can save and earn interest each month, out of sight out of mind.
By using these two simple steps each month my wife and I have been able to control spending, save enough to pay for our wedding, a rental property, a new home for our family, and soon, seed capital to fund a new real estate venture we are launching this year.
Automate your savings, pay your bills on time, and I promise you will thank yourself later!

[@callmeNeno]

Awesome content!!

[@ChadPavelcpa]

Thank you