Christy White featured in Credit.com article, "7 Ways to Fool Yourself Into Saving More Money
Christy White Is Featured in Credit.com Article, "7 Ways to Fool Yourself Into Saving More Money"
April 1, 2016, Credit.com. — “Saving money isn’t always easy — as evidenced by the one in three American families who reported having no savings at all to Pew Charitable Trusts earlier this year, according to reporter Jeanine Skowronski in today’s issue of Credit.com
“More proof of how difficult socking away hard-earned dollars can be: one in 10 of those families had incomes of more than $100,000 a year,” she adds. “But whether you’re planning for retirement, saving for a down payment on a home or simply trying to ensure you have enough money in your bank account to cover emergency car repairs, it pays, quite literally, to think long-term.”
Skowronski notes: “To ensure you’re putting away at least some money every month, many financial experts suggest setting up direct deposit into a (preferably high-yield) savings account. You can alternately have the money put into an investment account that you never touch.”
“If you don’t actually see that money come into your checking account, you will be much less tempted to spend it,” said Christina White, a certified financial planner (CFP) at Egan, Berger & Weiner LLC in Vienna, VA.