OWN
01/16/2015 10:31 am ET Updated Dec 06, 2017

How To Trick Yourself Into Saving More Money This Year (VIDEO)

Tony Robbins, life coach and author of Money: Master the Game, hears it all the time. "I can't save any money." It's human nature, he says, to think that today is more important than tomorrow -- but when it comes to financial security, that's certainly not the case.

"I actually interviewed a group of behavioral economists," Robbins says in the above #OWNSHOW video. "These are people that spend their whole life trying to figure out why does human nature screw us up around money and how do we trick ourselves to do the right things. And one of them came up with a brilliant system."

The trick to saving money without the sting, Robbins says, is to make it automatic. "The most important decision you're going to make is the decision you make to automate some savings," Robbins says.

First, make sure that a certain percentage of your paycheck -- 10 percent, 5 percent, even just 3.5 percent -- goes directly into a savings account or your 401k each month.

Each time you get a raise, have a percentage transferred immediately into savings. "So if you get a 10 percent raise, you'd get 6.5 percent today and the other 3.5 percent you wouldn't see, but it would go into your account," Robbins says.

The bottom line? You don't miss what you can't see.

More from Tony Robbins: How to set a realistic financial goal.

Like Us On Facebook |
Follow Us On Twitter

HuffPost

BEFORE YOU GO

PHOTO GALLERY
Money Lessons You Don't Need To Follow
CONVERSATIONS