Save for #presents rather than relying on #credit http://ow.ly/pV4nN
Holding ourselves accountable can be tough. Maria knew that if she didn’t “set it and forget it” she would have a hard time making sure her regular savings deposits were happening. In April, she took the America Saves Pledge and created a savings plan to increase her emergency fund.Read more...
“I am a single mother, and I make ends meet for me and my daughter, but I wanted to put money away for my daughter for a college fund. So I started saving 20 percent of my paycheck every month to put it away in a savings account with a high Annual Percentage Yield (APY). By the time my daughter is 18, I will have saved nearly $90,000.”
Melissa took the America Saves Pledge at her work during America Saves Week 2019.
Melissa’s #1 Savings Tip: Take 20 percent out of each pay check, and put it away into a separate savings account.