Get All Access for $5/mo

How to Preserve Your Paycheck (and Turn It Into Savings) See more of your money compound in your accounts with these easily-applied tips.

By Brian Tracy

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Brian Tracy dives into a few tips that experts use to improve their savings. To start, avoid impulse purchases. The more time you have time to think about something before buying, the better.

Tracy says it will take willpower and determination to build up a large amount of savings. Employ helpful tactics like creating well-defined goals and easing into saving more in small increments.

Click play to hear more about saving from Brian Tracy.

Related: The Connection Between Goals and Self-Confidence

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Brian Tracy

Chairman and CEO of Brian Tracy International, Speaker and Author

Brian Tracy is chairman and CEO of Brian Tracy International. He is the leading coach on the topics of leadership, self-esteem, goals and success psychology. Learn more at BrianTracy.com

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Brian Tracy

The Personality Traits That Define a Successful Problem-Solver

Go From Unmotivated to Goal-Oriented With These Hacks

Successful Leaders Incorporate These Steps When Creating a Company Vision

Side Hustle

The Side Hustle She Started in a High School Locker Room Hit Multimillion-Dollar Revenue — and Taylor Swift Is a Fan: 'Invest in Yourself'

Elena Bonvicini, now 25, was inspired to start her side hustle during a 2016 visit to her grandparents in Wisconsin.

Leadership

This Conversation Hack Made Me a Millionaire — Here's How It Works

I've turned countless encounters into winning opportunities. Follow this advice to do the same.

Business News

There's a $200,000 Diamond-Making Machine For Sale on Alibaba — and That Says a Lot About the Industry

The lab-grown diamond market is expected to reach about $22 billion by 2031.

Business News

This Is the Most Important Thing You Can Do to Improve Your Business, According to the Co-Founder of a $32 Billion Company

At Yum! Brands, which includes KFC, Taco Bell, and Pizza Hut, former CEO David Novak helped grow the company to a market cap of $32 billion.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

Here's How I Drove My Company's Revenue By Taking One Often-Overlooked Step

More and more brands are tapping into the earning power of paid certifications. Here's how yours can, too.