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Money Minute
Quick Tips
Make Saving a Habit
Money Minute
Take steps toward reaching your long-term financial goals with these small changes.

Reaching your long-term savings goals can seem daunting, but you can get far by taking small steps — start by making regular saving a habit. Here are some simple ideas you can build into each day, week, or month.

  • Decide on a dollar amount (or percentage) you’ll set aside from each paycheck. To make things even easier, ask your employer to set-up payroll deduction that goes right into your savings account.

  • Take your lunch to work at least once a week, and when you do, add $5 (or $10 if that’s what you would typically spend) to your savings account.

  • If you receive a tax refund, add at least half of it to your savings account.

While these seem like small actions, they can add up. You’ll be surprised, and pleased, to see how much you’ve been able to save over a year, and by then, you’ll also have a great savings habit firmly in place.

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Past performance does not guarantee future results. © Ariel Investments, LLC. This website and all of its content is for informational and educational purposes only and should not be considered to be investment advice or a recommendation to buy or sell any particular security. The mutual funds offered by Ariel Investment Trust are distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC. Use of this website is subject to our Terms & Conditions. The Ariel mutual funds referred to in this site may be offered only to persons in the United States. This web site should not be considered a solicitation or offering of any investment products, funds or services to ineligible investors, investors for whom such products, funds or services are not suitable, or investors outside the United States.

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