Text Your Way to Better Saving

Having a hard time building up that savings account?

Text messages might help you - assuming you won't have to pay more to receive them.

Economists studied how people behave when they receive text messages about their bank accounts.  If the texts pester and scold you for failing to save, not much will change.  However, more positive text messages that remind you of your savings goals are likely to help.

If you think this would be useful, find ways to make it happen.  As Lifehacker points out, you can send yourself personalized, encouraging text messages.  Set up periodic reminders with an online calendar system like Google or Yahoo, and let us know if it helps.