Open a high yield savings account - you get an, obvs, super high interest rate, which is a great incentive to put money in there. Either direct a percentage of your paycheck in there, or transfer money in there immediately after you get paid. Great place to house your emergency fund (3-6 months of expenses) because it’s easily accessible.
There are lots of books on saving for retirement- I recommend the simple path to wealth because it’s easy to understand, required very few action items, the author crunches the numbers while he’s explaining things, and you don’t have to be someone obsessed with savings and personal finance to benefit from it, like me!
Related Recs
💰
Having a separate account that you can’t easily take money out of and having a percentage of your paycheck auto-deposit into that is a good way to start saving.
Mar 7, 2024
😃
if you have the option to divert a % of your paycheck directly into savings, do it!
get a high yield savings account with a different bank (I recommend Marcus) that requires that you transfer money out of the bank where you have your debit card—takes a few business days to transfer which means you can’t spend it willy nilly but it’s there when you need it
Dec 2, 2024
💸
Open up a savings account. Automatically put X amount of your paycheck aside each pay period. It does not have to be a lot. The trick for me is that I don’t even see it and if I don’t see it, it’s essentially not there.
Jun 8, 2024
Top Recs from @bbqt
🍲
I’m a project manager for a prepared food company, and the majority of the projects I work on are soup. We’re mostly private label, so we make the store brand soups in the deli section for most of the big grocery stores.
One time at a big meeting our boss got a cameo from the “no soup for you!” Guy from Seinfeld to pump us up (?)
Feb 7, 2024
Greater than the sum of its parts- I still never get how AR packs so much into her recipes while only a few ingredients and easy to make.
Feb 15, 2024
These puzzles are wild! All the pieces are different shapes, and even at the end it was so hard! Totally twisted my brain, please let me know if other puzzle companies do this I’m hooked!
Mar 1, 2024