If You Struggle to Save Money, Switch to This Bank Before Your Next Paycheck

A man takes a photo of a check with his cell phone.
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You’ve heard a million ways to trick yourself into saving: A vision board. A good-old-fashioned piggy bank. Or one of those apps that lets you save a little at a time. By the end of the year, you have a whole $20 saved up.

Yeehaw. Try not to spend it all in one place.

But we talked to one guy with a different story. In just nine months, Samuel Demeny was able to save $1,250 — without even thinking about it.

His method? Banking with Chime.

Sign up in 5 Minutes and Save Effortlessly

Chime is a free online bank that gives you two easy ways to save your money.

First, if you’re looking to save big — or bigger — it gives you the option to put 10% of your direct-deposit paycheck into savings. That means each time you get paid, you’ll save a chunk of money automatically. What you don’t see, you don’t miss, right?

Second, if you want to start smaller, Chime has a round-up option that’ll bump your debit-card purchases up to the nearest dollar and save the spare change. It’s basically a digital piggy bank. You’ll be surprised how quickly several cents here and there add up.

Using these tools, Demeny saved $1,250 in just nine months. That’s enough to buy a new MacBook. Book a flight to Europe. Boost your emergency savings. Buy four shares of Netflix stock.

Demeny and his boyfriend, though, planned to use the money to help fund their cross-country move to Seattle — instead of charging expenses to credit cards.

“We can pay for a lot of things up front, because we both use Chime, and the money’s saved,” Demeny said.

Opening a Chime bank account takes five minutes, and you get access to its checking and savings accounts — and those awesome automatic savings features.

Yup… you can go ahead and toss out that vision board now ’cause saving money just got a lot easier.