5 easy ways to start saving more

Even if you start small, saving will eventually make a difference in your overall financial situation

Man looking up at a big chalkboard with drawings of question marks and bags with dollar signs on them
"In the face of high interest rates, the rising cost of living and other financial challenges, saving money has never been more critical"
(Image credit: anyaberkut / Getty Images)

Saving money is all too easy to push off. After all, those are funds you're stashing away for a later date, while this month's expenses are here and now. There's always something to spend money on.

But right now, "in the face of high interest rates, the rising cost of living and other financial challenges, saving money has never been more critical," said Forbes. Despite this, "almost half of Americans (49%)" expect to only "save the same amount of money or less in 2024 compared to 2023," with factors like "rising living costs" and "debt repayment" getting in the way.

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Becca Stanek, The Week US

Becca Stanek has worked as an editor and writer in the personal finance space since 2017. She previously served as a deputy editor and later a managing editor overseeing investing and savings content at LendingTree and as an editor at the financial startup SmartAsset, where she focused on retirement- and financial-adviser-related content. Before that, Becca was a staff writer at The Week, primarily contributing to Speed Reads.