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Boost Your Savings Rate to 20%+ in 5 Easy Steps (Money Q&A)

The Personal Finance Podcast

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How to Save 20% on Your Bank Statements

How do you get to a 20% savings rate? By analyzing your last three months of bank statements. Focus on the months where you don't spend a lot or the month that you spend the least. Then, investigate how you cover those expenses. Are you dipping into your savings account? Are you using a credit card and you're falling a little bit behind?"

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