With wages down and cost of goods up, it's not easy to save. After years of savings rates close to zero however, Americans are getting smart about their money again: even though the economy is still in a rough spot, we're saving an average of 6.4%, according to June data from the U.S. Commerce Department. Not bad, but if you're like most people, you would probably like to do better. Here are five ways to trick yourself into saving more.

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  1. Go On Autopilot
    Ever heard the phrase, "pay yourself first?" It's the best trick to get into the habit of saving: when you pay your bills come payday, budget for your savings just like it's another bill you're paying. Set up separate accounts for emergency savings (for when the car breaks down, or the water heater breaks), retirement and for more fun goals like that family vacation.
    Make your savings a no-brainer by setting up an automatic transfer to the account(s) on payday, so you're not tempted to spend the money elsewhere. Even if you just set up $20 a bi-monthly paycheck, that still adds up to $480 a year - and you probably won't even miss it. As you get used to saving, try increasing the automatic savings by a little bit every six months. (A recent HSBC study suggests that savers had an easier time weathering the recent financial storm. Learn more in 4 Reasons Why Savers Fare Better Than Spenders.)

  2. Keep the Change
    Remember that big jar of change you had in your college dorm room? Bring it back into fashion, and empty your wallet of change a few times a week. Get the family involved; if you have kids, have them draw a picture of what you'll do with the money once the jar is full. Exchange the coins for bills at your local bank for a small fee, or use one of the coin exchange machines in the supermarket - check around to make sure your savings don't get cut too much by exchange fees.
    Keeping your change over the course of a year can easily add up to a few hundred dollars in savings - another painless way to save. And you'll really grow to love those pennies that used to clutter up your wallet.

  3. Forget the Raise
    Got a raise? Congratulations! Before you start spending this windfall, increase your automatic transfer to your savings account to reflect that pay increase. If it's an annual cost-of living increase, you've likely already adjusted to higher prices, and if it's a promotion-related raise, you won't miss the money.

    Instead of spending your extra pay, put it towards something that's important to you, like retirement savings or a family vacation. (There are many ways your employer can make your job more pleasant, even when money is tight. Check out Can't Get A Raise? Negotiate Your Benefits.)

  4. Keep the Habit
    It took you years, but you finally paid off your car. Instead of being tempted to spend the extra cash you now have each month, pretend you're still making that payment, but make it to yourself instead. You can set up an automatic transfer to savings for the payment amount; if you're really looking ahead, you can set the money aside until it's time to replace your car. Imagine going to the dealership years from now and paying cash for your next car - now there's some motivation to keep those payments going into savings.

  5. Finders Keepers
    We all run into the occasional found money: that rebate check you forgot about, the $20 in your winter jacket from last year or that larger-than-usual tax refund. Instead of blowing this money at your local store of choice, put it into savings. You won't miss the money, and it'll get you closer to your goal if you put it in your savings account, accruing interest.
    If you're having a hard time resisting temptation and want to have some fun now with your extra money, consider splitting the amount in two: half into savings, half fun money. This way, you can feel good about investing in your future, but still have a little fun today. (This year, find out how to stretch these dollars further to strengthen your future. To learn more, read 5 Ways To Make A Tax Refund Work For You.)

The Bottom Line
Saving money doesn't have to be difficult. With these tricks, you can take the work out of setting money aside, getting you on your way to reach your savings goal quicker than you would have thought.

Catch up on your financial news; read Water Cooler Finance: Billionaire Pledges and Other Positive Press.

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