There are many steps on your savings journey. When building your savings foundation, there’s no amount too small to save. It’s all about building your solid savings habits!
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“People often imagine that they have to be saving a certain amount each month for it to matter - and that’s simply not true!”
We are here to support savers as they start their savings journey and create a lifetime of savings habits. The best way to save is to do it automatically.
To automate your savings, you can do either split deposits or automatic transfers - that way, you can automatically put money into a savings account or opportunity account, and you only have to do this one time!
Remember, there’s no amount too small when it comes to starting your savings. You can always grow the amount you choose to save over time, and having an opportunity fund or savings account is a great first milestone on your savings journey.
Join us as we wrap up this season of the podcast and discuss how much to save at first, how to build your savings over time, and what to do when you reach savings milestones.
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RESOURCES MENTIONED:
THIS WEEK’S THINK LIKE A SAVER CHALLENGE:
Look at your bank statements and see if you are being charged for any subscriptions that you may have forgotten about. This is an easy way to slow your spending and find areas that you can save even more!
