A recent study found that of Americans can't cover a emergency Saving money is not just luck it's a strategy Ways To Automate Your Savings Effortless Saving Making savings automatic helps you prioritize it and watch your money grow Automating your savings means setting up automatic transfers to your savings account You can do this through scheduled transfers direct deposit or rounding up purchases It's a simple way to save without thinking about it Key Takeaways Automating your savings can help you build wealth effortlessly Online banks often offer high-interest savings accounts with rates x the national average New apps and tools make it easy to round up purchases and invest spare change Direct deposit is a simple way to save a portion of each paycheck automatically Automating your savings increases the likelihood of maintaining a consistent habit Automating Your Savings A Primer Automating your savings is a simple way to save money You can set up automatic transfers from your checking to savings Or have your employer put a part of your paycheck into savings This method makes saving easier by doing it for you What Does It Mean To Automate Your Savings Automating your savings means setting up automatic transfers These can happen weekly bi-weekly or monthly It depends on your pay schedule and savings goals This way you save money before you can spend it Why Should You Automate Your Savings Automating your savings has many benefits It helps you avoid debt when unexpected expenses come up... Login to read full