» Money Market Accounts

How much money do you put toward your savings account with each paycheck? It is helpful to deposit at least 10% of each paycheck as this gives you a great emergency fund to fall back on but it also helps to have money for holidays, birthdays, vacations, and other special events.  Some companies can set up automatic transfers to your savings account so you do not need to worry about doing it. Others may only be able to deposit to your checking account and then you need to transfer to the savings account.  

What happens if you are struggling to get by? Can you still put money into your… » Read more

If 2008 took its toll on your investments, you may still be struggling to recover. Many people lost their jobs and have found it difficult to find a stable job or one that will be able to provide adequately for their needs. A recession really hurts many people and it can take years to recover. However with the Bush tax cuts ending in 2012, it looks like many Americans are heading to another recession because of the huge tax increase to pay in April of 2013. President Obama pitched a proposal to extend the tax cuts as many economists are predicting that the unemployment rate will increase and the country will head… » Read more

Saving money is always ideal but can sometimes be very difficult for people. The problem isn’t necessarily putting money into a savings account, it’s leaving it there! You are often tempted with vacations or buying a new computer or car. If you have a savings account for a specific goal like those things then that will be fine to take money out. But you never want a zero balance in your savings!

Get Another Job

If you don’t have a job already then that will be the beginning step in getting money to put away. Putting a percentage away each check will help you in achieving your savings or down payment goals. If… » Read more