5 Easy Ways to Save

More Money

Presented by:

Sam Reddy

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Tip 1: Set Up Auto Withdrawal

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Paycheck

Savings Savings Savings

Spending

Paycheck

Set up an auto withdrawal savings program you’ll automatically

start living within your means.

Tip 2: Increase Your 401k Contribution

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Paycheck

Spending

(50%)

Savings

(40%)

401k

(10%)

Paycheck

Spending

(40%)

Savings

(40%)

401k

(20%)

vs.

Simply increasing your 401k contribution while keeping the amount

you Save constant can help you spend less and save more. Which

side looks better?

Tip 3: The Envelope Method

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Groceries

$400

Entertainment

$200

Gym

$50

Eating Out

$100

Rent

$1000

Clothes

$100

Create a budget and physically place cash in the envelopes.

Use the money in the envelopes only for the intended

activities

Tip 4: Use Cash

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=

Physically handing over cash will make you analyze every

purchase you make. Aka….Do you really need to spend

money on this? Could I be doing something better with this

money?

Tip 5: Get Fit

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Getting in shape will force you to eat out less and spend

less money if you do.