1. I think automating extra savings is the easiest. Setting up a transfer a few days after payday to move a set amount from checking to savings is pretty painless, but it adds up.

    I don’t use cash, so I can’t save coins/bills. But I should probably make the switch.

  2. These are great tips! Also, whenever I find a way to do without buying something that I “need”, then I try to save that money as well.

  3. I get a cost of living raise every couple years and we always put it towards savings. Great tips.

  4. Saving your raise is a good way to go!

  5. I pay cash for a lot of things. I save all my pocket change like you do with your Jar of $1’s. At the end of the year, it can add up to a lot of money.

  6. I will put the money I get back from Credit Cards directly into the stock market with commission free ETFs.

  7. I really like the save the raise! I know too often we increase our spending as we make more money. I think I would save the raisins however and auction them off later for more money. Another thing is take it out before you even see it. 401k and having money deposited directly into your savings account is a great way to save.

  8. My biggest trick is to split my direct deposit between my checking and savings account. The money is saved before I have a chance to spend it.

  9. I’ve never heard the rounding up trick, but it seems like a good one. I’ll have to try that.

  10. Saving a raise is a great way to go. Letting expenses grow (aside from inflation) while salary grows is not the way to get ahead, so your notion of saving raises – or at least much of them – makes sense.

  11. Great tips, Jason! I especially like saving the raise. The one thing we do is when we are tempted to splurge, and are able to talk ourselves out of it, we take the money we would have spent and save it instead.

  12. Great idea on save the raise, something that everyone should consider. I’ve been using the jar of coins trick myself. Taking it to the bank once or twice a year. It usually amounts to several hundred dollars.

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