Tacking your savings and budgeting goals can offer a lot of solutions. However, sometimes its good to start with the basics – paper and pen. We look at ways to track them adn more.
saving
Why is it important to use short-terms savings, long-term savings and daily spending accounts?
Having short-term, long-term and daily spending accounts are needed for full financial and money health. Multiple savings accounts and checking accounts and more are covered.
What’s the difference between short-term and long-term savings?
Savings accounts come in a few forms: specifically, short-term savings and long-term savings. Each savings account is used for a different goal.
Why is an emergency fund important for your overall money health?
Your money health is important. Having an emergency fund means having solid planning and awareness of “what can happen, will”.
How much should I have in my emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – car repair, medical emergency, home repair, etc. Do you have one?
When is the one time focusing on saving and retirement shouldn’t be a first concern?
Focusing on savings and retirement is a smart move. However, there is a time where this might not be in your best interest.
How do I actually start saving for retirement?
Saving for retirement is a serious need. How do you get started? How can you start saving for retirement simply?
What kind of savings account do I need for myself?
There are many types of accounts and savings account our First Choice members can use. But, what kind of savings account do you need?
When should I start saving for my retirement?
Saving for retirement is a personal task that involves a lot of questions and answers. One major one is when to start. First Choice has you covered.
When should I start saving for college?
Saving for college can seem a bit overwhelming. However, with some preparation, good timing and great advice, the process is simple for you.