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10 rules for building wealth (Part 6 of 10)                                                               

By Jia Lynn Yang  Fortune reporter

6. Make saving automatic
No one wants to think about saving - so don't. Already more companies are making 401(k) enrollment automatic (34 percent of big companies, vs. virtually none ten years ago). If you're already maxing out your 401(k), see whether your company can transfer money directly from your paycheck into your Roth IRA or a taxable account. Or ask if your bank can transfer a set amount (even $100 a month) from your checking account into a high-interest-bearing online savings account (check out HSBC's and ING's offerings).

posted on Friday, August 24, 2007 6:24 PM | Filed Under [ Allied Professionals Consumers General Lenders Real Estate Buyers Real Estate Seller Realtors ]

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