The key is to start small and to be consistent
Before you know it you'll have a cash cushion and gain the comfort of knowing that you can handle unplanned expenses, like home repairs and medical bills. You'll also find that the money you put aside can help you reach other financial goals faster.
Here are some tips to get you started.
Set realistic goals
By regularly putting aside even a small amount, you can save for special moments.
Pay yourself first
Direct deposits or automatic transfers can help you do this.
Understand the benefits
Keep savings in a separate account
Wells Fargo's My Savings Plan® can get you started and keep you focused.
Stick to it
Small amounts add up and sticking with a savings plan is more important than the specific amount you start with.
Track your progress
Set a goal and review your budget monthly to see how your spending is aligning with your goals.