There are many tactics for making saving faster and easier. One of the most effective strategies is to put away tax refunds and other windfalls to make major strides towards achieving your goal. Make saving automatic. If you can, set up direct deposit of your paycheck so that a portion goes into your emergency fund and the rest goes into your checking account. Or you can schedule automatic transfers from your checking to your savings – for example $50 the day after each payday.
By: Brenda Langdon