Build Your Savings by Paying a “Bill”.

We all know that the more we save, the more we have to use to build our wealth. And we all know that we should “Pay ourselves first.”

But, a lot of us, especially me, find that keeping to a regular savings schedule is pretty tough. Even with “automatic” savings, I can’t seem to save as much as I need to save.

Then I read this pretty cool article today by Walter Updegrave on CNNMoney.com that talks about treating your savings contribution as a “bill” that you pay every month or week. This way, every time you pay your bills, you pay a “bill” in the form of a deposit to your savings account.

Now, this is a pretty easy way to pay yourself first. I think I’m gonna give it a try. I think I can fit it in between my Verizon Wireless bill and my ConEd bill. What about you? How do you build up your savings? Let us know.