“WHEN IT COMES
TO SAVING, THE MOST
IMPORTANT THING TO DO
IS TO SIMPLY TO START.
WHETHER IT’S $1 A DAY OR
A FEW EVERY MONTH, IT IS
IMPORTANT TO HAVE A PLAN.
TALKING TO SOMEONE WITH
EXPERIENCE CAN HELP SEE
THINGS FROM A DIFFERENT
PERSPECTIVE. ONE OF MY
TO HAVE WITH CUSTOMERS
IS TO KNOW WHAT THEY ARE
SAVING FOR AND HELPING
THEM FIGURE OUT HOW TO
GET THERE,” SAID TERRI THOMAS, HEAD OF
COMMUNITY BANKING, VIRTUAL BANKING AND
BUSINESS DEVELOPMENT FOR CHASE BANK.Here’s how you can build your own savings plan:Start Small. Starting with small goals will begin
to lay the foundation for bigger ones even if
building a safety net with just a dollar a day.
Once you build the habit, a dollar a day can turn
into more as you begin to take notice of your
spending habits and identify opportunities to
minimize expenses and reallocate them towards
your savings. Here is a free online calculator that
can help you estimate your savings over time.
Remember that saving is personal: it depends on
your own needs and financial situation.Keep it Simple. When it comes to creating a
budget, it’s ok to keep it simple....