A simple 2-step plan for saving more money | Your Money and Your Mind

Saving money is like working out or eating right -- it's easier said than done. Behavioral scientist Wendy De La Rosa streamlines the process with two quick tips that can help you achieve your goals.

Managing your money can feel scary and complicated, but it doesn't have to be. In this TED series, behavioral scientist Wendy De La Rosa explains why we spend too much and save too little -- and shares easy steps to help us achieve a more secure financial future.

The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. You're welcome to link to or embed these videos, forward them to others and share these ideas with people you know.

[delfokronic]

My emergency saving fund disappeared within the 1st 5 months of the pandemic. Now my automatic savings transfer gets manually transfered back into my main account by me so I don't get charged for going too far into my overdraft. I'll come back and watch when I'm actually able to save again. 👍

[VerenaSatriani]

This is what I need so much! Saving money, speding wisely.

[patrickdennis]

1. Drink water
2. Eat beans and rice
Result: more money

[puretechnicalanalysis]

When I was in my 20s I spent money on unnecessary things: telescope, electric guitar, new speakers every year, etc. And I almost don't use all this stuff. And only in my 30s I thought: if I didn't spent all this money, but invest it, I'd triple this money in 3-5 years! But unfortunately you can't go back in time. But better late than never.

[kianashirangi]

I want her to keep talking, , , and I listen. There is something extremely charismatic in her voice and tone.

[stephenosalkelly]

I think it's right that passive systems work due to our tendency to inertia. But I think it's difficult to save just by inertia as for most of us it requires positive acts of planning and prioritisation. The good news is that when you succeed in embedding a new habit it tends to become a reflex even where at first it requires a lot of effort.

[Orenoryori]

Do not multitask because, frankly, you can’t. I have never seen anyone do it effectively.

[АлисаДалабаева]

What i do is i buy the last piece of clothing in the internet-shop at 95% discount. Sometimes the items i want are gone before i buy them. But knowing that i save for pension warms up my heart and i believe i will get even better items in future

[levihalperin]

I'm missing the first step for saving, being able to hold a job down 😂😅

[kinsmed]

Wells Fargo? This really dilutes your credibility, TED.
Had to take back my automatic thumbs up.

[pauljansen]

i have a simple 1 step plan....DON'T SPEND MONEY ON STUFF YOU DON'T NEED!!!!

[Surreal]

everything depends on ur income when thinking about number of saving acct.
- First have two Saving account beside ur main account.
- Put away enough but not to hinder ur living expense which cause u to go into ur savings.
- everytime u get a income tax/extra money from somewhere, divide it up and place it within ur accounts. Keep doing this infinite.
- when u get a raise, build ur saving amount up 👆 ex. 200 saving, u get a raise add partial to that and now u saving 225 a month

[bilikdotid]

I think, be better if "get more money" and be efficient in use money

[OptrixTV]

my bank actually has a feature to “round up” the change on each transaction and it sets it aside in a savings account. been able to save 100s that way over time

[welkinator]

This is pretty good. Add to the auto savings a small automatic increase on a periodic basis; say, 2% every 60 days.

[Mncdk]

Once you automate your saving, you don't really have to just focus on one at a time. Prioritize your savings however works for you, and then set it and forget it.

[Enkeria]

I am a company owner. I get different rate (or none) depending on each month.

[iseeyou]

Thanks for reminding me how broke I am

[HungNguyen-vovv]

The good content . Her voice very useful for to listening English. I really want to know her name to search in the Internet. Thanks all

[senuauwu]

Saving Goal
Have a house and invite my friends to the World Cup Soccer 2026