Our savings program involves learning about individual spending habits in addition to creating saving goals.
Financial Literacy: Beginner’s Savings
Savings:
Savings are essential for both short- and long-term stability. A budget helps you save by identifying spending areas and prioritizing goals. Effective saving strategies include setting goals, automating savings, and “paying yourself first” through payroll deductions or account transfers.
Financial Literacy: Intermediate Savings
Savings:
Savings become easier when treated as a habit. Budgeting, setting goals, automating savings, and aligning your savings with personal values help build financial stability. Exploring savings accounts, tax benefits, and employer-sponsored plans can also increase how much you save.
Financial Literacy: Advanced Savings
Savings:
Savings plans must evolve with your goals. A good savings strategy supports your current needs and prepares you for the future. Influences like inflation, taxes, and personal choices all play a role in how much you need to save, particularly for retirement.