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How to Build Savings Easily

Writer's picture: Pamela FergusonPamela Ferguson

Updated: Oct 22, 2023

Some hard truth for you... If you see you have money in your checking account, you will spend it. Period. It's too liquid and available for you and your potential whims.

The best bet is to always open a separate savings account, so you don't accidentally spend it when out and about or when you see something you absolutely adore.

Stay away from your local banks which literally give you nothing in interest, but instead opt for a "high yield savings account". It still is not crazy interest, but much better than your local banks. The most important thing is to make it out of sight, out of mind.



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