Did you learn this basic savings formula? Its simplicity provides the answer to a frequently troublesome question: “How can I save more?” As most people cannot control their income, there is only one possible answer: Spend less.

Now, how do you do that? It seems easy to say but hard to do. Below are ten great ways to start. Even if you take just one or two to heart, you’ll be on your way to growing your bank account!

Strategy 1: Don’t become emotionally separated from your money

Remember when a grandparent or special aunt or uncle gave you a dollar bill? You enjoyed simply having money, looking at it, and even counting it. You knew exactly how much you had and planned how you were going to use it.

How things have changed! Now your paycheck is direct-deposited and you charge most every expense. You don’t have a clue how much money you have in your wallet until you find yourself at a place that doesn’t accept credit cards.

This emotional separation from your money makes it much easier for you to spend more. Try using more cash for a while and see if your expenses go down. Handing over five twenties is much harder for most people to do than charging $98.47 on a credit card.
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