Save Big Automatically Using Automatic Transfers!
Setup an automatic transfer to come out of your account on a recurring date (weekly, biweekly, semi-monthly, or monthly.) This is a great option to help you save, pay 705 loans or Visa payments.
Financial Tip: If you are like most families, you spend your paycheck as soon as it is deposited to pay bills and to attend to a needed list of items. The challenge to spending in this fashion is that at the end of the payroll cycle, or at the end of the month, there isn’t anything left to save. To combat this all too common problem, set yourself up on an automatic savings program. You can choose an amount to transfer the same day that you get paid, into a savings account. Over time, these small transfers can add up to big savings!
Relevant Links:
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- Use our free and easy budgeting tool, My $ Planner, to see WHERE your money is going. Knowing where your money is going allows you to make necessary adjustments.
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