Here are a few tips on how to keep your savings saved.

Okay, so this may go without saying, but its importance cannot be stressed enough. In order to meet your savings goals, a separate savings account, (or two, or three) is vital. Saving does not have to be complicated, but it does have to be thought-out and intentional. Simply not spending all of your money doesn’t add up to actually saving. Below are a few tips to help you keep your savings saved:

Keep separate accounts for separate savings goals. 

If you don’t have specific goals, at least start with an ‘emergency fund’ account and a ‘rainy day’ account. By keeping these accounts separate from your primary bank account, you are less likely to see the funds as “extra” money and more likely to maintain meaningful and significant balances.

Set up automatic transfers. 

I like to set up automatic transfers from my checking account to my savings account/s each payday. This not only gives you one less thing to remember, but with most accounts the money is transferred out before you even know it’s there! If you have taken the proper steps to plan and create a solid budget, an automatic transfer should not break the bank, and should even go unnoticed after just a short time.

Keep your savings out of sight.

And therefore, out of mind! Try setting up an account that you don’t have access to by simply signing into your primary online bank account. Plinqit does this for you simply and quickly online, without a trip to the bank and without terms and fees that come with other bank accounts. Plinqit allows you to set up automatic transfers from your checking account to a secure, online savings account with only basic personal information and your sign-on credentials from your primary bank. It also encourages saving by helping you set goals and providing incentivized opportunities to learn and save more at the same time.