1st of all, I am quite new in this forum so I would apologize if I post something in the wrong place ...
Everyone here would know that Saving First is an important concept. As in once you get your income, you should save a portion aside before anything else. That way, you always save something before you have a chance to use it all.
I just want to emphasize that is NOT enough anymore in 21st century. We should save first
AUTOMATICALLY.
Psychologically we always want to spend money for our own good, setting an automated system to keep away such money also PSYCHOLOGICALLY makes us forget all about it.
Hence practically it is much more effective ....