I was very happy to be one of the financial experts that contributed to this article. I commented on automating savings, check it:
Jacob W. Parish (a Financial Advisor in Scottsdale, Arizona) agrees with this concept, saying, “It’s easy to do these days. Set an amount you want to save and have it moved from your checking account to your savings or investment account on the same day every month. It’s the simplest way to start building wealth.”
This is something I encourage all my clients to do. It saves time, takes away emotion, and it makes it easier to get used to not having the money to spend.