EE savings bonds can be purchased at banks and through employer payroll deduction plans. Take advantage of payroll deduction plans . This is the easiest way to pay yourself first. If you never have the money in your hands or your checking account, it is much less tempting to spend it. Join Christmas and vacation clubs .
Banks pay little or no interest on 'club' accounts and most stopped giving gifts years ago.
The major advantage is reinforcement of systematic savings with weekly coupon books and the ability to save small amounts. Bank a windfall . When you receive an unexpected amount of money, the temptation might be to spend it on something extra as a treat. Another way to think about it is as an investment in your future. It's money you won't miss, because you were not expecting it, or did not have it as a part of your regular monthly spending plan, so it could easily be used to increase your net worth.