Video transcript: The 7 essential rules of saving

On screen:

Text: Now This.

Saving money can be easier than you think.

Here are three tips for putting a little extra money in the bank.

Sponsor: Chase.

Text: One, modify your expenses.

You could save money on big things, like rent, just by asking.

Try offering to extend your lease, or pay a few months in advance. It could earn you a discount.

A woman making a phone call pumps her fist.

Text: Two, get to know your debt.

Experts say most people under-report their credit card debt by 40%. Source, Federal Reserve Bank of New York.

Keep a log of loans and outstanding credit card debt, including interest.

Writing at a desk.

Text: Three, make a savings timeline.

Don't rely on self-discipline alone. Set up automatic savings transfers to stick to your timeline.

If you start saving young, you could retire with twice as much money in the bank.

Make more of what's yours. Learn more at chase.com/yourmoney.

Now Money. Chase Chase logo.