Once you set up your savings goals, chances are, you won’t even notice the money getting pulled from your checking account on a weekly or monthly basis.
You just need to do the hard part of setting up your automated savings.
To do this, you'll want to use an app or bank account that allows you to create a sub-savings account specifically for your goal. You’ll then automate weekly or monthly transfers into that account.
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The impact of opportunity cost on personal and professional life
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Act as if your savings account is a bill to pay, so you’re less likely to spend it. Automate savings transfers if possible.
Some people are disciplined enough to manually set aside "leftover" money at the end of every month into a high-interest savings account. Others take the decision-making out of the equation and automate the entire process. Most banks have a feature that allows you to set up recurring transfers fr...
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