5 Ways To Trick Yourself Into Saving Money


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.

Related Articles
  1. Savings

    Passing Down Values and Money to the Next Generation

    Amassing wealth to pass down to your kids is great unless your values don't come with it. A priceless gift is teaching them to be financially responsible.
  2. Budgeting

    How to Save Money on Your Disney Vacation

    Understand why Disney Parks are attractive vacation destinations and why they are expensive. Learn five money-saving tips for Disney vacations.
  3. Budgeting

    Top 7 Money Saving Tips for Eating Out

    Discover seven money-saving options available to consumers who are looking to partake in the luxury of dining out while cutting down on cost.
  4. Insurance

    4 Ways to Find Good Health Insurance

    Follow these 4 steps to get the best coverage at the most affordable price.
  5. Savings

    Top 7 Money Saving Tips For Buying Groceries

    Understand why it benefits grocery shoppers to shop intelligently with money-saving tips, such as staying away from prepared foods and looking for coupons.
  6. Professionals

    How to Separate Emotions from Investing Decisions

    With stock market volatility, financial advisors are finding they're doing more hand-holding to help clients navigate turmoil.
  7. Home & Auto

    Hiring a Contractor vs. DIY: Cost – Benefits

    When you want to change something about your home, the first question to ask yourself is whether it’s more cost-effective to DIY or hire a professional.
  8. Insurance

    The Smart Way to Shop for Travel Insurance

    Trip-related coverage can afford peace of mind, but be wary of buying more than you need.
  9. Home & Auto

    The Best (and Worst) Times to Buy a Car

    Timing your purchase – along with some attention to the features you need – can save you thousands on your new wheels.
  10. Savings

    The Best Time to Book a Hotel for Vacations

    Knowing when to book your hotel room can help your vacation budget. Since there are lots of variables, it pays to do your homework to get the best deal.

You May Also Like

Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!