Four great ways to get in the saving habit
It’s a lot easier to spend than save, but getting into a saving mindset now could make a big difference later. Start with a plan that works for you and follow it. It might be easier than you think. Try these four tips to help you make saving a habit.
- Set goals you can reach—Savings is a challenge. To win big, you don’t have to
start big. Set realistic goals and try to increase your savings every year.
- Switch into “easy” mode—Automatic deposits allow you to set it and forget it. When
your savings come from your checking account automatically, you won’t be tempted to spend them.
- Use the right tools—Using financial calculators can help you track your progress and see if changes are needed.
- Protect your accounts—Taking some simple steps may help ensure your savings won’t end up in the wrong hands.
Find more on savings tips and other insights at TIAA.org/saveearly or contact us to learn more from a TIAA financial consultant at no additional cost.