Access to digital banking and online applications will be unavailable on Saturday, 3/15 10:00 PM, through Sunday, 3/16 4:00 AM.
Paying yourself first is a simple but effective strategy for saving up for your long-term goals. As soon as you get paid, put money into your savings account first — the size of that contribution is up to you, but even small amounts will add up over time.
Resources |
||
|
Handout |
Infographic |
Slides |
An emergency fund is an essential part of your personal finances. Its importance is stressed in almost every personal finance book and budgeting blog, and yet 26% of Americans currently have no emergency fund in place. Of those who do have an emergency fund, up to two-thirds do not have the often-recommended six months' worth of expenses saved up.
Resources |
||
|
Handout |
Infographic |
Slides |
Although there isn't a one-size-fits-all solution to financial emergencies, there are steps you can take that will minimize damage while you work on a recovery plan.
Resources |
||
|
Handout |
Infographic |
Slides |
Mastering domestic skills can save you money—the more you can make or repair yourself, the less you will have to spend on goods and services. When you do need to buy things, skills like budgeting, couponing and deal-hunting help you get the most bang for your buck.
Resources |
||
|
Handout |
Infographic |
Slides |
Inflation refers to the rate of change or increase in the average prices of goods and services typically purchased by consumers. When the price level rises, every dollar you have buys a smaller percentage of a good or a service. While prices may seem to rise slowly, the effects of inflation really add up over time!
Resources |
||
|
Handout |
Infographic |
Slides |
Lifestyle creep is the tendency to spend more money as your income increases. Lifestyle upgrades can quickly become part of your routine spending, blurring the line between "luxury" and "necessity." This means that the dollars that could be going toward your savings goals get swallowed up by your day-to-day spending instead.
Resources |
||
|
Handout |
Infographic |
Slides |
