New Years Anti-Resolutions for 2020
I’m going to suggest something a little radical for the new year and the new decade, 2020. Instead of focusing on a new year’s resolutions, consider listing the things you are going to stop doing. Ideally, these should be self-sabotaging habits and behaviors that prevent you from achieving your goals. Here are a few ideas…
Read More3 Reasons to Set Up an Automatic Savings Plan
There are endless strategies for saving money, but one that comes up again and again is setting up an automatic transfer. Lots of research, including our research here at SaverLife, shows that this is a good way to save more. In fact, SaverLife members who set up automatic savings transfers are 5-6% more likely to…
Read MoreWhat is a financial health score?
Congrats on taking this step in your SaverLife journey! Your score is on a scale of 1 to 100. Here is how to read it: 0-39: You might feel like one financial emergency, like a blown tire or unexpected medical bill, would set you back for months. It’s hard to devote time and resources to…
Read More5 Things to Keep in Mind When Selecting a Savings Account
A savings account is one of the simplest bank accounts you can get. Nearly all U.S banks and credit unions offer savings accounts. It’s worth it to shop around because accounts have varying fees, minimum balances, and interest rates. Keep the following things in mind when selecting an account. FDIC Deposit Insurance You should only…
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