If you’re looking to save more money today, it helps to rethink where you save – and how you do it.

In today’s high interest rate environment, it can be especially beneficial to make sure you’re saving in the right place. For many savers, that’s likely in a high-yield savings account with a competitive rate and easy access when you need your money. Today’s best high-yield savings accounts offer rates of 4% to 4.5% APY or even more — which can earn you hundreds of extra dollars throughout the year.

How you save, on the other hand, can depend a lot on your individual circumstances and goals. Maybe you prefer the set-it-and-forget-it method of automated transfers. Or maybe you’d rather track a thorough budgeting plan month-to-month. Below, we’ll talk about a strategy one expert recommends, which you can implement today to start boosting your balance.