2108: Savings Strategies by Ryan Larson
Optimal Finance Daily - Financial Independence and Money Advice
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How to Start Saving for Retirement
To be disciplined, it's a good idea to set up an automatic savings plan so that a fixed amount of money is transferred from your checking account to those individual savings accounts on a regular basis. When saving for a home, car, or other short-term goal, consider a high-yield savings account separate from where you do your regular banking. Remember, incorporate monthly saving as a discipline and you'll always be able to live on less than you earn.
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