Want to Save $10,000 This Year? These Tips Can Help.

Here's how to end the year with some extra cash in your bank account.

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By Phil Town

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In this video, Entrepreneur Network partner Phil Town talks about strategies you can use to improve your annual savings like compound interest. Town also recommends that you should pay yourself first with each check -- that is, putting money into a savings account that you won't touct before you're tempted to spend it. Then, you can live on what is left to stay the course of your savings goal.

Even if you're only able to put away a little each paycheck, it can still make a big difference by the end of the year.

Click the video to hear all of Phil Town's tips for building your savings this year.

Related: Red Flags You Should Look for in Quarterly Earnings Reports

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Phil Town
Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

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