10 Ways To Save More In Your 20s

1. Send some of your paycheck directly to savings If all of your earnings live in your checking account, it’s easier to spend them when you shouldn’t. Set up direct deposit so a portion of each paycheck goes straight to your savings account. Be sure to keep enough money in checking so you don’t incur overdraft fees. 2. Get your company’s 401(k) match Almost three-quarters of employers surveyed by the Society for Human Resource Management in 2016 said they match contributions employees make to their 401(k) retirement plans. That means that when you save for retirement at work, your company puts money in your account, too. Take advantage of its generosity. 3. Don’t skimp on health or auto insurance

Read More

Forbes•September 1, 2016