37. How to 'Hide' Money and Save More Effectively
Update: 2024-10-21
Description
In this episode, I discuss the importance of automating your finances to save more effectively, particularly during busy work seasons. I share my personal strategy of splitting direct deposits between checking and savings accounts to ensure forced savings.
Additionally, I provide tips on automating regular transactions and how scheduling such transfers can help build financial security without the temptation to overspend. Automations and scheduled transactions can change your approach to saving, making it easier to build a financial cushion.
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