Automate your savings and investments from "summary" of Get Good with Money by Tiffany the Budgetnista Aliche
Automating your savings and investments is a crucial step towards achieving financial security and building wealth. By setting up automatic transfers from your checking account to your savings or investment accounts, you remove the temptation to spend that money elsewhere. This way, you ensure that you consistently put money aside for future goals without having to rely on willpower alone. Additionally, automating your savings and investments helps you take advantage of the power of compound interest. By regularly contributing to your savings and investment accounts, you allow your money to grow over time through interest and investment returns. This compounding effect can significantly increase the value of your savings and investments in the long run. Furthermore, automating your sa...
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