Building Your Savings
In addition to long-term savings, financial experts agree that consumers should aim to have three to six months living expenses saved for emergencies.  If you are having trouble establishing a nest-egg, don’t despair.  Following are six simple ways to boost your savings:

1. Pay yourself first.  Savings is the cornerstone of financial security, so make it a priority. After all, a lack of savings can turn a minor financial setback into a major financial crisis. 
2. Make it automatic.  Having money automatically deducted from your checking account into a savings account helps to ensure that you meet your savings’ goal.  Even better, if your employer has the capability to automatically deposit your paycheck, have some of the funds directed into a savings account.
3. Turn a hobby into income.  Many people have untapped talents.  Whether you enjoy photography, painting, knitting, or metal work, consider possible ways to earn money by doing what you love best.  Babysitting and lawn work are also good ways to earn additional money.
4. Downsize.  Most people have garages, basements, and attics full of items they no longer want or need.  Holding a garage sale or advertising some of your things online could result in a boost to your savings account.
5. Use gifts wisely.  If you receive unexpected funds, do not be tempted to spend them frivolously.  Instead, put all money received from tax refunds, inheritances and gifts into an interest-bearing savings account.
6. Pay down debt.  If you are making monthly payments to your creditors, make a pledge to pay down your debt.  Paying off debt would allow you to reallocate your debt payments to a savings account.