Saving Money at the End of Each Month? Stop! A CPA Explains Why! by Ellen Rogin, CPA, CFP

6 years ago
Saving Money at the End of Each Month? Stop! A CPA Explains Why!

If you're saving what you have left at the end of the month, you’re looking at your situation backwards. Instead, save money off the top and use the rest for spending. Yes, you’ve heard this before: pay yourself first. But are you doing it? 

Starting automatic savings into a bank account to build a cash cushion, into a retirement account at work or into an investment account for your kids’ education will help you accumulate money much more quickly and painlessly. You can start as low as $25 per month. You won’t likely miss the money and will be thrilled when you see it increase over time.

start discussion

Please login to comment.

recommended tips

Christmas Coloring Pages for Kids & Adults: Fun & Free Printable Coloring Pages for the Holidays

Gingerbread House Coloring Pages: Printable Coloring, Activity & Game Pages Featuring Gingerbread Houses

Happy New Year 2022 Coloring & Activity Pages: Fun & Free Printable Activities to Help Families Welcome 2022

Winter Coloring & Puzzle Pages for Kids: Free Printable Winter-Themed Activity Pages for Families

Got 30 seconds? Sign up for and get the best of our tips each week!