Here are 5 effective tips to help you save money: Tip 1: Automate Your Savings: Set up automatic transfers from your checking account to your savings account each month. This way, you'll save without having to think about it. Tip 2: Follow the 50/30/20 Budget RuleAllocate 50% of your income towards necessities, 30% towards wants, and 20% towards savings and debt repayment. This budgeting method ensures you prioritize saving. Tip 3: Reduce Recurring ExpensesReview recurring subscriptions and memb