1. Consider an automatic savings account
Choose a bank or a credit union and set up an automatic saving account as soon as possible. Why? Because there’s no such thing as “I’ll hide $300 in October for Christmas gifts, just to be prepared.” And yet, we all do this every single year.
Sometimes it’s hard to “find” extra money to set aside. That’s why an automatic savings account should be everyone’s answer when it comes to getting out of debt.