Automate your way to consistency
The easiest, most effective savings strategy is automation.
Why? Because it removes willpower from the equation. You don’t have to decide each month whether to save — it just happens automatically.
Set up a recurring transfer from your checking to your savings account on the same day your pension or Social Security check arrives. Even $50 or $100 each month adds up faster than you’d think.
Automation isn’t just convenient — it’s a psychological trick. When you never see the money in your spending account, you don’t miss it.
And if you’re using a high-yield account, those automatic deposits keep compounding month after month. That’s how slow, steady growth turns into real security over time.
💡 Bonus: Some online banks now let you “round up” purchases and save the spare change automatically. It’s an effortless way to boost your balance without even noticing.
