Ideas on how to set up recurring payments for long term savers
My preferred method is credit card (of course this would depend on what country you live in and if you have credit card debt) I get 1.5% cash back on all purchases (which includes GoldMoney deposits) and everything else I buy, plane tickets, bills, grocery everything. I pay my total credit card balance off every month so I have never paid a cent in interest but I have used my cash back bonus points to buy a few hundred dollars in gold. If you don't have a balance you will not pay any interest, your credit score goes up and you get cash back. The only thing better than having gold is getting free gold!
After the credit card my next option would be a debit card. Although you will not get earn any credit it is better to buy gold with money you actually have. Going into debt buying gold is a bad idea because the price of gold may drop. If you NEED your gold due to job loss, medical emergency or something other unforeseen circumstance. You will have to sell gold at a loss, pay the fee's, you and now you still owe the money for buying the gold and probably have credit card interest as well.
The reason I prefer credit card or debit card over bank wire is the cash back bonus points on a credit card instead of the bank wire transfer fee and still need to go down to the bank. All these fees add up over time to what could have been used to buy more gold.
Over time buying gold the same way you would save money in the past will really add up, plus the rises and drops in the gold price when you purchase would average out. Remember Gold money is for savings, not for daily spending for coffee in the morning. Use fiat cash for that, fiat is just monopoly money anyway.