Saving more money in 2024 isn’t just a resolution; it’s a proactive step towards securing your financial future. Here are 5 practical and effective strategies to help you save more money in 2024.

1. Automate your savings
   There is nothing to forget when you’ve got things automated. Treat savings like any other essential bill. Whether it’s your 401(k) contributions, direct deposits, or transfers from your checking account into a savings account, automating will make it easier to stick to your financial goals.
2. Find a high-yield savings account
   With savings yields the highest they’ve been in years, consider opening a Certificate or high-yield savings account to earn more from your money.
3. Shop smart
   Now that the holidays are behind us consider putting off making unnecessary purchases. Wait for sales or consider buying generic products instead of the major brands.
4. Evaluate your finances
   Review your savings accounts, credit cards, and other loans to see where there is room for improvement. Ready to refinance or consolidate your high-interest debt? Use our FREE online Loan Review service to see how much money you could save on monthly payments – no credit check required!*
5. Set clear and achievable goals
   Whether it’s saving for a dream vacation, paying off a loan, or building a nest egg for retirement, having specific objectives provides direction and motivation.