4. Automate your payments
Automating payments for water, electricity or your cable bill has several benefits. Firstly, it goes a long way in helping you create a saving fund. Also, it saves a lot of time and energy on your part. Arrange your payments so that the bills get paid on the first day of every month, or as soon as you get paid. This may seem like a small step, but can accelerate your savings process. To reach your goal much faster, automate your savings.