When you automate your savings you are less likely to spend those dollars because they never become part of the funds in your checking account.

Question

Quizplus · Accepted Answer

When you automate your savings, the money is automatically moved from your checking account to your savings account or investment account. This means that you never see or touch the money, making it less likely that you will spend it. By keeping your savings separate from your checking account, you can make it easier to reach your financial goals and resist the temptation to spend your savings.

When You Automate Your Savings You Are Less Likely to Spend