What is one thing people could do for their money that takes a relatively small effort but has big results?
Here’s what our planners said:
‘Embracing my inner planner here, but planning ahead for big-ticket items like vacations or new cars. Mapping out the upcoming few years truly brings clarity to how a new car payment might impact college savings, and whether that’s a trade-off I’m willing to make. It’s a small effort that pays off big by helping strike a balance between spending and saving.”
“A high yield savings account! While it’s convenient to have all your bank accounts in one place, adding a high yield savings account to the mix can really pay off. A high yield savings account should be FDIC insured and free, with the majority being online only. While you can’t visit a local branch, you can enjoy the significantly higher interest rates that really add up.”
There you have it. Is understanding how to leverage your financial situation more effectively a priority this year? Then I recommend you chat with us sooner than later… you can find out more about that here.
