Money Talk Matters

As in most things in life, you should have a goal. So when it comes to Saving Money, you should have a realistic goal for the year. You should be looking at your income, your expenses and what is the amount you would like to save by the end of the year. Sure it is the last full week end of February and March is right around the corner. You have 9 months left… what are you going to do?

Your goal could say for each month, I will save x amount of dollars and put it into this account. If you have not chosen a bank account yet that you want to put your money into.. do your research and see where you would get the best return. Whether it is a bank account, money market account or even a CD. Do your homework.

I remember many many years ago when I was teaching finances online to a specific group the different online accounts that we discussed were ING, FNBODirect and EmigrantDirect were the ones we talked about. Do your research and see what is the opening amount you need to have, how much has to be maintained and if there are any fees associated with the account. All of those factors make a difference. When it comes to money, you must pay attention. No pun intended.

Set your goal and go for it. I encourage you to go to www.AmericaSaves.org and see what resources they have available regarding goal setting as well. Until tomorrow…All it takes it a START!