Saving money is important to building a better financial future. Follow these tips to get started saving today!
Tip #1 - Earn Interest
Put your savings into a money management account or term deposit account to earn higher interest while your money is safely being stored. Let it grow!
Put your savings into a money management account or term deposit account to earn higher interest while your money is safely being stored. Let it grow!
Tip #2 - Protect Your Money
Keeping your savings at a credit union insures your account up to $250,000. This is way safer than in your home or piggy bank where it can be stolen or lost in a fire.
Keeping your savings at a credit union insures your account up to $250,000. This is way safer than in your home or piggy bank where it can be stolen or lost in a fire.
Tip #3 - Pay Off Early
Pay more towards your auto loan and/or mortgage payment every month to pay off your loan faster and save on interest.
Pay more towards your auto loan and/or mortgage payment every month to pay off your loan faster and save on interest.
Tip #4 - Emergency Savings
If you have no dependents, you should have an emergency savings for 3 months of essential living expenses. For those with dependents that increases to 6 months.
If you have no dependents, you should have an emergency savings for 3 months of essential living expenses. For those with dependents that increases to 6 months.