I know that many people say they cannot find ways to save money for a number of reasons. I think that while saving may be difficult at times the only way to really get started is to automate your savings.

Think about the way that most people budget. They set aside money to pay bills and then if there is money left over at the end of the month then they put that into savings. This is the wrong way to do it as you will never be able to build up a savings base as there will usually be something that prevents money from being left over at the end of the month.

Instead of trying to save what is left over at the end of the month I make my savings come out the same way that my other bills come out of my account. Since I use ING as my main bank I have my salary direct deposited to that account. I then have an automatic transfer set up at the beginning of the month that takes my savings amount to a sub account in ING.

It is all done automatically and I don’t have to worry about whether it gets done or not. I have no excuse for not saving because ING does all the work for me. The only reason the savings would go down is if I raid the savings account to use the money to pay for something.

I build my budget based on what is left and that works well for me.