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Automate your savings and investments from "summary" of Manage Your Money Like a F*cking Grown-Up by Sam Beckbessinger
One of the most effective ways to build wealth over time is to set up automatic transfers from your checking account to your savings and investment accounts. By automating your savings and investments, you remove the temptation to spend that money before putting it away for the future. This simple strategy takes the guesswork out of saving and ensures that you consistently set aside money for your financial goals. Setting up automatic transfers is easy to do and can be done through your bank's online banking platform. Simply decide how much you want to save or invest each month, choose the accounts you want the money to go into, and set up a recurring transfer. Once it's set up, you can sit back and watch your savings grow without having to lift a finger. Automating your savings ...Similar Posts
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