3) Automate Your Savings: One of the best ways to save money is by setting up an automatic account. Once you have an automate savings account set up, then you are saving money without having to think about it.

Here are two ways to automate your savings.

1. Every pay period, ask your employer to deduct $100 from your paycheck and transfer it to a savings account. Ask your HR representative for more details and to set this up.

2.  Ask your bank or credit union to transfer $100 from your checking account to a savings account every month.  Talk to your local bank or credit union to set this up.