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3 Tips to Get Your Savings Ready for the New Year
Source: Informa Research Services

(12/03/2010) Believe it or not, 2011 is just around the corner and the new year might be just the opportunity you’ve been looking for to jump start your savings plans!  Here are three easy ways to make sure your savings efforts stay on track:

  • Save early.  The earlier you start, the better off you will be.  By starting your savings early, you are giving your money time to grow and accumulate interest.  Even if you haven’t started, there is no better time to start than right now.
  • Save regularly.  The bulk of your savings will not come from interest alone.  Instead, it will most likely come from your regular contributions to your savings account.  To facilitate this with the least amount of effort, schedule automatic transfers from your checking account or paycheck to your dedicated savings account.
  • Use the Internet.  As in most instances where you want to find the best deal, the Internet can come in very handy when trying to find the best deposit rates. Online rate tables such as those found on ERATE.com can make rate shopping fast and easy!

Use these tips and ensure you start your savings right in 2011!

 

 

 

 

 




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