3 Savings Strategies for EntrepreneursHere's how to save big for your big idea.

ByHayden Field

  • Figure out where your money is going dollar-by-dollar, then gauge where you can reign in spending. You can go with the pen-and-paper approach or try apps like Expense or Clarity Money.

  • Separate and automate your savings. Consider creating a dedicated savings account for your small business -- and de-linking it from other accounts so you're not tempted to dip in. You can also schedule auto-transfers to your savings account for any regular length of time.

  • 考虑从哪里e you're storing your stash. Savings accounts at many large financial institutions offer just 0.01 percent interest, while high-interest savings accounts -- often FDIC-insured and available online -- can offer up to 2 percent. DepositAccounts.com has asearch toolto compare account interest rates.

For more tips, check out狗万官方'sarticleon how to build up savings to launch a small business.

Wavy Line
Hayden Field

Entrepreneur Staff

Associate Editor

Hayden Field is an associate editor at Entrepreneur. She covers technology, business and science. Her work has also appeared in Fortune Magazine, Mashable, Refinery29 and others.

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