It is quite tempting to take money out of your

It might seem you are out of your bad financial situation but this is not so because you are actually dipping into your savings which is not growing and it might be difficult to achieve your saving goals if you take cash out of your savings.

1. Check your budget

There might be something wrong if you keep taking cash out of your savings regularly.

You need to check your budget. It is very possible that is where the problem lies. Check the area in your budget that needs adjustment.

Do this by tracking how much you spend each month, then re-write your budget. There might be a positive change in your expenses.

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2. Create an emergency fund

A savings account is not an emergency fund account where you take money in financially tight situations. As you have a savings account, so also should you have an emergency fund account.

Though you also save for an emergency fund, it is quite different from a savings account because you dip into an emergency fund when expenses you don't plan for comes up.

So to avoid dipping into your savings account, create an emergency fund which you can fall back on in bad financial situations.

3. Take your savings to a different bank

Take your savings to another bank different from the one you operate.

Putting your savings into another bank account has a way of curbing the urge of dipping into your savings fund. It curbs easy access to your savings. Making it easier for the growth of your savings.

ALSO READ: 5 signs you are not making enough money

4. Cut your expenses

If you find yourself always dipping into your savings, it is possible you are spending way too much than you can afford or maybe you have taken on too many responsibilities. It can actually affect your savings.

This is why you need to cut on your expenses. Cut expenses on things you feel you can do without.

5. Find another source of income

It could be you are not making enough monthly that can cover your monthly expense. Which makes it easy for you to deep into your savings.

You need to find another source of income. Probably get a side hustle to cover other expenses.