What Are Your Best Money Saving Tips?

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Someone of Quora asked:

I am spending way too much money, more than I earn actually. What are some tips to reduce the amount I spend?

This was my response:

Open two banking accounts. Tear up one debit card. Move all your excess money into the account with the torn up card. Direct deposit works best. Oh and allocate a percentage to a 401k. What you don’t see, you can’t spend.

—

Originally posted on Quora.

Leonard Kim consults startups and writes books like The Etiquette of Social Media: How to Connect and Respond to Others in the World of Social Media

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