10 Tips for your Savings Account
Saving money can be a challenge! We know that, and so we want help you learn some new inspiring ways to save and secure your money in your Savings Account.
1. Save automatically. Setting up automatic savings is the easiest and most effective way to save, and it puts extra cash out of sight and out of mind.
2. Start saving for your retirement as early as possible.
3. Plan your meals in advance and stick to a list while grocery shopping.
4. Refinance your mortgage. Explore if you have the option to refinance your mortgage to a lower interest rate.
5. Use only the ATMs of your bank or credit union.
6. Pay off credit cards in full each month.
7. Pay your bills on auto-pay.
8. It’s never too soon to start saving for college. The last thing kids need is more “stuff.” Consider asking for donations to the college fund if you have enough clothes, toys, and other needs for your little ones.
9. Make a savings plan. Those with a savings plan are twice as likely to save successfully.
10. Unsubscribe. Avoid temptation by unsubscribing from marketing emails and texts from the stores where you spend the most money.
