GROW SAVINGS

Being budget-conscious isn’t about depriving yourself – it’s about making smart choices to reach your financial goals. By focusing on how and where you spend each day, you lay the foundation for lasting financial habits.

Create a goal

Saving is easier when you have a clear goal. Break it down:

• Specific – What exactly are you saving for?
• Measurable – How much do you need to save?
• Actionable – What steps will you take?
• Realistic – Can you achieve it in your time frame?
• Timely – What’s your target date?

Start now

Don’t wait for the “perfect moment” to save. Even if you’re in debt, setting aside a small amount each month gives you control and builds a savings habit. With money tucked away, you’ll rely less on credit cards and feel more confident in handling emergencies.

Set it and forget it

Saving doesn’t have to feel like a sacrifice. In fact, it can be easy – especially when you automate it by setting up regular transfers or directing part of your paycheck into savings.

Choose the right account

Once your goal is set, pick the account that fits your needs:

• Savings accounts: Low risk and easy to start.
• Money market accounts: Higher interest, especially as your balance grows.
• Certificates: Fixed interest rates, guaranteed returns, with a commitment to a set term.

With the right plan and consistency, you can achieve your financial goals and build the life you want.