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3 Trouble-Free Tips to Help You Build Up Your Savings Applying an 'out of sight, out of mind' mantra with your savings account will help you see more each month.

By Brittney Castro

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Brittney Castro recommends three tips for saving that you can use in the next month. The first recommended step is automation. Whether you're looking to save up for retirement or maybe build up a cushion of cash, simply putting the money aside and allowing it to grow on its own is a terrific hands-off option.

Next, Castro recommends setting very clear goals for your finances. Despite the fact many people neglect to set solid goals, this is an important step to help you establish what benchmark you are striving for.

Finally, look at your savings account and try not to make it extremely accessible. If you are easily able to access your stockpile of money, you may be tempted to withdraw it.

Click the video to hear more from Castro.

Related: Make Quicker Progress Towards Your Savings Goals With These 3 Tips

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Brittney Castro

Founder and CEO of Financially Wise Women

Brittney Castro is the founder and CEO of Financially Wise Women, a Los Angeles-based financial planning firm whose mission is to teach women and couples in their 30s and 40s the art of managing their money the fun and simple way.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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3 Trouble-Free Tips to Help You Build Up Your Savings

Make Quicker Progress Towards Your Savings Goals With These 3 Tips

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