If you are having a hard time saving, check out these three money-saving tips:
- Create a Budget—If you have never created a budget, it may prove to be difficult to begin saving. Start by sitting down and making a budget. It can be as simple as "Groceries/Food," "Bills," "Entertainment" and "Savings." Keep in mind that if you do not have a specific line item for "savings" it may make it more difficult to remember to save, which is ultimately your goal.
- Make paying yourself a priority—Pay yourself first by setting up automatic transfers from your CB&S Bank checking account to your CB&S Bank savings account... Chances are, if you have your savings goal automatically deposited into your savings account, you will not even miss it.
- Save any windfalls—An easy way to save is to save any unexpected money that comes your way. Windfalls can be anything from raises/bonuses from work; tax refunds; or birthday, graduation and wedding gifts. Since this is money that you were not expecting in the first place, save it, and you will not miss it.