1. Review your subscriptions
It’s easy to rack up subscriptions and then lose track of them, especially if they only renew every few months or every year. Even if they’re only a few dollars, they can add up over time, so it’s a good idea to review yours every once in a while to make sure you’re still using them.
Comb through your bank and credit card statements for the last year to look for subscriptions you may have forgotten about. If you’re not using them anymore, cancel them before you’re charged again.
2. Automate your savings
Automating your savings can help you achieve your financial goals more quickly because you won’t run the risk of forgetting to set aside funds each month. Many bank accounts enable you to set up automatic transfers to a savings account on a regular schedule so you don’t have to remember to do this on your own.
If you don’t think you can save a set dollar amount each month, you may want to look for a savings account, like the Ally Online Savings, that enables you to save your change instead. This rounds up every purchase you make to the nearest dollar and puts the change into your savings account to help you grow your wealth without straining your budget too much.
