August 9, 2014

PART OF THE BEAUTY OF THE THIRD WAY...:

10 Tips To Supercharge Your Savings (Walter Updegrave , 8/09/14, Forbes)

Most of us find saving difficult. That's not surprising, as research shows our brains are hard-wired for immediate gratification. The flashy new car we can have right now has a lot more appeal than some vague notion of financial security later on. But there are ways to tilt the odds toward saving. [...]

3. Go On Autopilot

One of the most effective ways to save is to put money away before you can get your greedy little hands on it. Enroll in your 401(k) or other company payroll deduction plan and contribute at least enough to qualify for an employer matching funds.

Don't have a 401(k) or similar plan? Sign up ASAP for a mutual fund's automatic investing plan that transfers money to a mutual fund from your checking account every month. Most fund companies offer such a program, many allowing you to participate for as little as $50 a month or so.


....is that it forces everyone into saving/investing money before they ever get their hands on it.  
Posted by at August 9, 2014 7:38 AM
  
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