Increase your deferrals
By far one of the most effective — and most obvious — methods for growing your savings is to save more. For most people this is easier said than done, but finding extra money doesn't have to be difficult or painful. In fact, it can be as simple as cutting out that double mocha cappuccino every day, eating out one or two fewer times every month or purchasing your groceries in bulk and investing the money you save into your retirement plan.
