One of the best ways to save money is to set a goal. Start by thinking of what you might want to save for—anything from a down payment for a house to a vacation—then figure out how long it might take you to save for it. If you need help figuring out a time frame, try Bank of America's savings goal calculator. read more
Sometimes the hardest thing about saving money is just getting started. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals. This step-by-step guide to money-saving habits can help you develop a realistic savings plan. read more
Spend less than you earn. This one, simple practice will save you a world of trouble. As Dave Ramsey says, "act your wage." Use your bank’s auto-pay system. Setting your recurring bills on auto-pay helps ensure you’ll never miss a payment and incur costly late payment fees. Limit others’ access to your money. read more