I increase my contributions to my kids' 529 monthly college savings by $100 every six months, even if that means cutting back in other areas.
- Ainslie, Chief Marketing and Product Officer
Every time I get a paycheck, I transfer a fixed amount to savings, investing and debt repayment. I also charge monthly utility bills automatically to a credit card (and pay them off the same month) to build history without any manual effort. The set-it-and-forget-it mentality helps me achieve my priority goals (which I track in The Money Center).
- Aamir, Director of Business Analytics
At the beginning of each month, I take out a certain amount in cash and leave it in my apartment, so it's on hand for takeout, going out at night, etc. and I don't have to worry about running out to my bank's ATM.
- Gabrielle, Assistant Managing Editor and Video Editor
I can be an impulse buyer, so when I shop, I stop before checkout to reassess. If I love it but it's not absolutely necessary, I put it back and think about it for a few days to see if it's just an impulse or if it's really worth it to me.
- Rachel, Financial Planner in Residence