One of the best ways to save a lot of money is to set up an automatic payment to your savings account, 401K, and so forth. If it is automatic, you will never have to forget about putting some money into your savings. However, once this money is in your savings you must be resolute that you will not withdraw it for any other purpose than the one for which you created the savings account for. If it is supposed to be for a rainy day, do not use it for a fancy new boat. If it is for your retirement, do not use it to purchase clothes today. By doing this, you will have a much more secure future.

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