How to save money without all the boring budgeting

Young people may like to save money but don’t want it to interfere with their lifestyle or create boring work like drawing up a budget.

So do it automatically and get a bonus interest rate. Organise for part of your wages or salary to be paid into a high-interest savings account. Do it yourself or ask if your employer can let you nominate multiple bank accounts for your pay. You can choose a savings account that pays a higher bonus rate for regular deposits. Easy.

Source: The Age

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