The word “savings” initiates a wide range of responses from individuals. Some might think of savings as a passport or roadmap to their future or being more prepared for life’s hiccups. Youth may hear the word savings and wonder what that really means for them; while others may think about savings and feel anxiety or […]
Making Saving Automatic
I have found that working towards a savings goal is important yet it takes dedication and time. The easiest way to make saving a habit is to put money into savings on a regular basis. One of the most simple, consistent and effective ways to save on a regular basis is to set up automatic […]
Save For the Unexpected
We can’t always predict what will happen in life, but we can be prepared by saving for the unexpected. According to the most recent Federal Reserve Survey of Consumer Finances (2019), Americans on average have less than $5,000 in their savings/emergency account. Many financial institutions or professionals suggest that we should have a minimum savings […]
