How to Double Your Savings in 2025 (Simple Strategies That Work)

"I'm going to share five powerful yet simple strategies that can help you on your way to double your savings in the next year"

"if you cut back from say three visits a week to one per week you would save $520 a year but that alone won't double your savings rate"

"if you just call a competing insurance company you may be able to find a cheaper insurance rate to the tune of $300 to $500 per year"

"if your salary is $60,000 a year starting at the age of 25 and you save and invest 15% of your income over time thanks to compounding and an average 8% return that could grow into $2.5 Million by the time you retire"

"even if you can only manage to save $6,000 a year or 10% of your income you're still looking at over $1.6 million compounded over 40 years"

"One of the ways to increase your savings rate in the next year without even thinking too much about it is automating it"

"by automating your savings you will see your money grow steadily"

"if you can create as much friction as possible with this Vault account I think you're going to be a lot better off because you're never going to be able to touch that money until you need to"