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RE: June 30 Days Writing Challenge - Life Hack - Day Twelve: Save 10% Of Your Income - No. Matter. What.

in #writing6 years ago

Good Financial habit. If it is too hard to resist the temptation to use the savings, just put them on 1-year treasury bonds. They will yield a nicer interest rate and the fact that you can not take them out automatically will be a barrier to the temptation.
In the event of an emergency, you can still sell them at the secondary market and cash out but is an extra step that highly reduces the temptation to use it.

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Good suggestion, I like it :)

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