Website Hosting for Just 20 ForumCoin ~ Advertise on ForumCoin
Share your Money Tips here.

Automate transfers to save money

Postby augusta » 19 May 2023, 11:53

Automate transfers is simply done by doing automatic transfers from one checking account to one savings account weekly or monthly all the time.

The whole essence of this, is for the money to accumulate over time without any additional work on your part.

So.instead of spending your money because you can easily have access to it, instead you are saving without doing much. What do you think
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36

Re: Automate transfers to save money

Postby Xynehappy » 19 May 2023, 12:09

I see it very conveniently to me. It eases me the hustles for traveling to the bank and wasting one's time for that matter
  • 0

Xynehappy
 
Posts: 604
Location: Kilifi Kenya
ForumCoin: 22

Re: Automate transfers to save money

Postby Abdulhamid001 » 19 May 2023, 14:35

That's much better. This improves the consistency of the savings process without much work on your part, especially when you forget to do it manually, it already covers that.
  • 0

Abdulhamid001
Banned
 
Posts: 489
Location: Nigeria
Referrals: 2
ForumCoin: 12

Re: Automate transfers to save money

Postby nela13 » 19 May 2023, 14:57

We have that automate transfer every month, it is a simple way to save as soon as we receive our salary, this help us to be a little more relaxed as we had already paid ourselves, even though every month we always have money in our account when we receive the next salary.
  • 0

nela13
 
Posts: 24,860
Location: Portugal
Referrals: 4
ForumCoin: 514

Re: Automate transfers to save money

Postby Nsikan » 20 May 2023, 06:48

It is a good thing to automate savings so that it happens before you change your mind.
  • 0

Nsikan
Banned
 
Posts: 4,282
Referrals: 1
ForumCoin: -1

Re: Automate transfers to save money

Postby augusta » 20 May 2023, 07:55

Abdulhamid001 wrote:That's much better. This improves the consistency of the savings process without much work on your part, especially when you forget to do it manually, it already covers that.

You got the point you would be able to do it as much as you wanted without failing as it is automatic
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36

Re: Automate transfers to save money

Postby Kenti » 24 May 2023, 06:13

This is a good savings tips. That's because some people don't have the will power to save money.
  • 0

Kenti
Banned
 
Posts: 1,535
Referrals: 8
ForumCoin: 24

Re: Automate transfers to save money

Postby augusta » 24 May 2023, 08:14

Kenti wrote:This is a good savings tips. That's because some people don't have the will power to save money.


That's the whole essence you need to do whatever you know can help you to save.
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36

Re: Automate transfers to save money

Postby Kenti » 28 May 2023, 06:57

augusta wrote:
Kenti wrote:This is a good savings tips. That's because some people don't have the will power to save money.


That's the whole essence you need to do whatever you know can help you to save.
I get the entire strategy but what you need the money that come in under emergency.
  • 0

Kenti
Banned
 
Posts: 1,535
Referrals: 8
ForumCoin: 24

Re: Automate transfers to save money

Postby augusta » 01 Jun 2023, 09:41

Kenti wrote:
augusta wrote:
Kenti wrote:This is a good savings tips. That's because some people don't have the will power to save money.


That's the whole essence you need to do whatever you know can help you to save.
I get the entire strategy but what you need the money that come in under emergency.


Then you weigh the emergency to be sure what you need it for is really Important
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36

Re: Automate transfers to save money

Postby Treborika » 01 Jun 2023, 14:30

I can take that as I can see it being so conveniently for use. It helps save from the hustle of visiting the banks for doing the same
  • 0

Treborika
 
Posts: 3,679
Location: Mombasa Kenya
Referrals: 2
ForumCoin: 250

Re: Automate transfers to save money

Postby Inem » 02 Jun 2023, 06:58

Treborika wrote:I can take that as I can see it being so conveniently for use. It helps save from the hustle of visiting the banks for doing the same
For emergency reasons have another find called emergency fund.
  • 0

Inem
Banned
 
Posts: 1,894
ForumCoin: 10

Re: Automate transfers to save money

Postby augusta » 02 Jun 2023, 13:37

Treborika wrote:I can take that as I can see it being so conveniently for use. It helps save from the hustle of visiting the banks for doing the same


Yesh this is another angle to it. you need to save yourself transport money to do thos transaction
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36

Re: Automate transfers to save money

Postby Kenti » 04 Jun 2023, 06:26

That is the beauty of technology. It helps to eliminate unnecessary costs that people incur.
  • 0

Kenti
Banned
 
Posts: 1,535
Referrals: 8
ForumCoin: 24

Re: Automate transfers to save money

Postby augusta » 06 Jun 2023, 08:28

Kenti wrote:That is the beauty of technology. It helps to eliminate unnecessary costs that people incur.


Exactly especially now in Nigeria that fuel process has skyrocketed and transportation cost is so expensive now. one neer to keep expenses now to save.
  • 0

User avatar
augusta
 
Posts: 20,569
ForumCoin: 36



Your Ad Here.

Return to 101 Money Tips - New



Who is online

Users browsing this forum: Claude [Bot] and 1 guest

Reputation System ©'