Painless Money-Saving Techniques--Using Instant Saving Accounts
Michalis 'BIG Mike' Kotzakolios

We all have the best intentions when it comes to saving money, but few of us follow through the way that we had planned. If we are careful to stick to our budget and we find ourselves with a few extra dollars, or if we come into unexpected cash flow like a gift or a tax refund, do we save it? Sometime yes, sometimes no. What keeps us from saving money? For many, it’s the feeling that the money that we are intending to save is “extra money.” We may feel that the pressure is off of us when we have a financial cushion and we may be more likely to treat the money that was previously intended for our vacation or retirement fund with less regard.

A safeguard to our sometimes crumbling best intentions to save may be to open an instant savings account. An instant savings account deducts money straight from your checking account on a given day each month and painlessly helps set aside money so quickly and painlessly that you won’t even realize that you’ve been saving.

Instant savings accounts offer the advantage of out of sight, out of mind savings. Consumers that have the best intentions to save but get sidetracked on their way to sending a check to the bank can easily open an instant savings account at the financial institution that they currently have their checking and not have to worry about ever making an extra transaction. With an instant savings account withdrawing money straight from the accountholder’s checking finances, the consumer can adjust to living on a smaller amount of available cash and not rely on the cushion of the money going to savings.

An instant savings account can be a great start to a person who has previously put off saving money “until the next paycheck.” Many financial institutions offer this service – ask your local banker about instant savings accounts for more information.

BIG Mike is a well known author, developer and Adsense expert as well as the owner of Niche Maniacs - a unique Adsense Marketing System designed to build long-term passive income streams from Adsense, YPN, Chitika and other PPC services.