Saving strategies are methods individuals use to set aside money for future needs or goals. Common strategies include creating a budget, which helps track income and expenses, and setting specific savings goals, such as saving for a vacation or emergency fund. Automating savings by setting up direct deposits into a savings account can also make saving easier and more consistent. Another effective strategy is the 50/30/20 rule, which suggests allocating 50% of income to needs, 30% to wants, and 20% to savings. Additionally, using high-yield savings accounts or certificates of deposit (CDs) can help grow savings faster through interest.