PERSONAL BANKING
Saving Money in Today's Economy
Savings are crucial to financial well-being, especially in today’s uncertain economy. Ironically, it seems that fewer people are able to save than ever before, due to increased living costs and higher debt. Use the tips below to help you find ways to save!
Savings – you can do it!
If you’re saving every way you can but your bank account doesn't show it, chances are you may be spending the savings instead of “banking” it! Here are some quick tips to help get your nest egg growing:
- Create a budget: at the very minimum, write down on a piece of paper how much money you spend on what each month. This will give you some guidelines to work with.
- Track your savings: every time you save some money, whether it’s through coupons, eating at home versus going out or bringing lunch to work, calculate the savings and put it aside.
- Save up your loose change: bring it in to a BankAtlantic near you and use our Change Exchange machine to tally up your savings – it’s FREE for BankAtlantic customers!
- Put that money in your BankAtlantic savings account! Make your investment and feel good about yourself. You now have something to show for all your saving efforts and sacrifices. It's a great feeling of accomplishment, and it's a great start for your future.
- Need help saving? FREE AutoSave can help! AutoSave lets you determine the amount and the monthly date for funds to be automatically transferred from your BankAtlantic personal checking account into your BankAtlantic savings account.
Quick saving hits that really add up!
| If you: | …in a month you’ll have saved: | …in a year you’ll have saved: |
| save .50¢ a day in loose change… | $15 | $180 |
cut soda consumption | $6 | $72 |
bring lunch to work instead of buying it… | $60 | $720 |
| eat out 2 times LESS per month… | $30 | $360 |
| Totals: | $111/ month | $1332/ year |
Information taken from www.americasaves.org/enroll/findingmoney.asp, 04/14/08.
You can save – we can help!
Open your BankAtlantic savings account today!
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