HOW TO MAKE YOURSELF SAVE--2

4.SING UP AT WORK:- If youremployer puts money into the company pension scheme,don't just join it.contribute more than the minimumrequired.This saving creates a balance that grows tax fre with compound interest.Alternatively,keep cash aside and buy into index fund when the sensex takes dips.
5. GET AUTOMATED:- However you decide to save.the best way to make sure you do it is to set up a standing order, which puts payments straight into a pension,mortgage,stock,market,investment and savings account.
You will miss the money less-it just becomes another regular bill.The only difference is you're paying it to yourself!
6. OVERPAY:- You are already making a regular housing loan payment,so why not write a slightly larger cheque?It can be as good as saving-it means you will own your home more quickly and end up paying much less interest.But if you're paying a low fixed interest rate (say. 7.5 percent) and your monthly payments give you a tax rebate,it may be wiser not to overpay.