A financial planner shares her best advice to save more money — and what to do with that cash once you've saved it
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- Before you can figure out what to do with your savings, you'll need to build some.
- A CFP says the best way to save money is to start tracking your spending. Once you've been able to set some money aside, the first priority is paying off any high-interest debt.
- Building an emergency fund is important, too — those savings should be separate from the money you'll spend on your debt and other expenses.
- Not sure how to build your savings? A financial planner can help. Use SmartAsset's free tool to find a qualified professional near you »
Most people would like to be saving more money.
Whether it's to pad an emergency savings account, to eventually buy a house, or to someday be able to take that dream vacation to Europe, it's the general consensus that the more you can save, the better.See the rest of the story at Business Insider
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