There are a lot of reasons to love your savings. Whether it’s getting you ready for college, retirement, or anything in between, you’re always saving for something and it can be easy to get off track. Stay on top of your savings goals with our tips!
You’re 42% more likely to achieve your goals by writing them down (via HuffPost). Write your goal on a post-it and stick it on your fridge so before you walk out of the door every morning, you’re reminded of your money-saving aspirations. Or, download the Mint app, where it allows you to set budgets and send notifications directly to your phone when you’re spending too much. It will even send you custom tips for saving money!
Your personal banker can help, too! Find your neighborhood Two Rivers Bank & Trust branch and stop in to talk about the future of your finances.
The best way to see the impact of what you’re saving is to actually look at it. Set up your direct deposit to put money into both your checking and savings accounts every paycheck. Then, download the Two Rivers Bank & Trust Mobile App (for iPhone® or Android™) and monitor your accounts weekly. You’ll be able to see that a small percentage can add up to big savings over time!
Pay on time.
For the most part, you pay your bills on time. But, we’re human. We forget. Unfortunately, when we forget to pay bills, interest rates and late charges end up costing you more money and no one wants that. Avoid late fees at all costs by setting up automatic payments for your bills, which you can do on the Two Rivers Bank & Trust Mobile App! That way, you’ll never forget a bill and won’t have to pay any pesky late fees.
If you do set up automatic bill payments, it’s important to track those, too. Make a point to look at your accounts on a weekly basis and cross reference what’s going in and out of your accounts.
Managing your money can feel like a full time job. Find some time to talk to your neighbors at Two Rivers Bank & Trust. We’re here to simplify your life and help you achieve your savings goals!