By now, your understanding why it’s important save, and how saving early can help your finances grow through compound interest, but you may not know where to get that extra few dollars a month to put in to your savings account.
This week in our savings series read 100 ways to help you save.
In this savings series, we will be posting need to know information to help novice savers become experts and take charge of their finances! Check back weekly for more stories.
3.22.17 | How to Save Money: 100 Great Tips to Get You Started
Featured on: The Simple Dollar
Summary: No matter where you are on your financial journey, you need to know that it’s possible for anyone to turn their financial life around. Sometimes all it takes is that first step in the right direction to get things moving in your favor. Just go through the list and find a few that apply to you and use them in your life. When you do, you may quickly find that you’re saving more money than you ever thought possible!
Summary: The idea of saving can be scary for some, but once you break it down there are easy ways to make big impacts on your savings account. Start by setting up your account and taking advantage of the bank technology! Read more tips and tricks in this article.
Summary: Have a tax refund coming your way? Consider using it to benefit your personal balance sheet. The average refund has been around $3,000 for the past two years (most people receive their refund within three weeks of filing their returns). That’s a nice chunk of change. Here are ten good things you could do with the money…
2.28.17 | How Savings Accounts Grow From The Magic Of Compound Interest
Featured on: Forbes
Summary: When you’re young, it seems like retirement is too far away to worry about or you don’t know how to get started with a savings account. While you might have decades ahead of you, the one thing you can’t make up for is lost time. And compound interest gives the biggest returns to those who have been in the game the longest.
Summary: A savings account is a simple account that lets you store cash securely and earn interest on your money. However, Banks offer multiple savings vehicles, each with varying requirements and levels of return. Knowing the differences — what’s good about them, what could be a problem — is the first step toward finding the right savings account.