For many, saving cash is an impossible task. They've tried budgeting, jotting expenses in diaries, reducing indulgences. Nothing works. Their wallets remain as flat as a Nebraska cornfield prior to planting.
It's time to try a different tack, and the following three-step approach to savings is one that can yield success for many people. If you're one of those with problems growing your savings account, try following these steps.
Step 1: Grow your saving account by earning more
Many people try to save more by spending less, but can never quite pull off the task of reducing their cash outflows. Spending is just half the equation. The other half, of course, is earning. The more money you can bring in, the less mindful you have to be of pinching every red cent.