Automate your savings
“Make inertia work in your favor by setting up automatic transfers to your retirement accounts that coincide with your paychecks,” Fellowes said.
This simple one-time task will turn into easy savings come every paycheck. Fellowes said that “you’re virtually guaranteed to save more this way, as the task of deciding when and how much to save each month has been shown to be a major deterrent to saving at all.”