Auto deposit insulates the saver so that they do not have to change their behaviors
The deposit occurs automatically so there is less temptation to spend the money
Using auto deposit removes the responsibility from the saver
There is little inherent benefit to using auto deposit
1 answer
The correct answer is: The deposit occurs automatically so there is less temptation to spend the money.
Auto deposit helps by ensuring that savings are transferred automatically without the need for manual intervention, reducing the chances of spending that money instead.
