Here’s How To Automatically Save Money Without Thinking

Saving money is important, but a lot of us just put it off as the last thing on a long to-do list. A lot of personal finance advice starts out with making tedious budgets and let’s be truthful, no one really has time for all that.

But there’s a better way.

Ramit Sethi, author of the fantastic I Will Teach You To Be Rich, lays out a fantastic automated saving plan in this awesome infographic:

how to automate your finances

I read and re-read his book a few years ago and I can testify that a lot of the steps in his book (and this chart) work like a charm. Keep in mind though that this works better the earlier/younger you start because of compound interest.

How To Save Money | I Will Teach You To Be Rich

 

This story originally appeared on Simplemost. Checkout Simplemost for other great tips and ideas to make the most out of life.


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