Four Secrets to Savings

The status quo in the U.S. seems to be that people will live right up to their income level and delay saving for “some other time.” When it comes to a lack of savings, it is often a matter of high spending rather than low income. There are exceptions; situations when we need to spend more due to employment loss or unexpected healthcare bills, etc. However, for the majority, our lack of saving is due to excessive spending. Here are a few simple strategies that can help increase savings without significantly changing your quality of life: