Holding ourselves accountable can be tough. Maria knew that if she didn’t “set it and forget it” she would have a hard time making sure her regular savings deposits were happening. In April, she took the America Saves Pledge and created a savings plan to increase her emergency fund.
“Trusting myself to add to my savings is difficult, that's why I have it automatically withdrawn when my check comes in,” Maria said. For years now Maria has had her local credit union split her paycheck into different accounts. When asked about her automatic saving approach Maria enthusiastically said, “It adds up quickly!”
Maria’s #1 Savings Tip: Having money automatically withdrawn at the first of the month helps me save for emergencies. This way I don't forget or use the money for other things.