Saving Tip #3: direct deposit to savings account
Tip #3 suggests putting a portion of your paycheck in your savings account using direct deposit or automatic transfer. In accordance to the pay yourself first rule, using direct deposit fuels your savings account in an easy & consistent basis, building on the concept ‘you won’t miss what you don’t see’.
This is a complicated area of law and an attorney should be consulted on all matters relating to bankruptcy. The information on this website is provided with the understanding that the authors and publishers are not herein engaged in rendering bankruptcy, legal, insolvency, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional bankruptcy, insolvency, tax, legal or other competent advisors. While we have made every attempt to ensure that the information contained in this website has been obtained from reliable sources, Credit Advisors Foundation and Arbor Investment are not responsible for any errors or omissions, or for the results obtained from the use of this information.