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Savings can alleviate some of the more
frequently occurring financial problems. Saving will also help you achieve your goals in
life: buying a house or car; financing an education for yourself or your children; saving
for a rainy day; preparing for a comfortable retirement; or taking a dream vacation. First
Security offers a variety of ways to save. Some accounts are more liquid. Some offer
higher returns. The following snapshot of savings accounts will help you determine the
right mix of accounts to fit your day-to-day and long-term needs.
| More
Liquid |
xxxx xxxx xxxx xxxx xxxx xxxx xxxx |
Less
Liquid |
|
| Lower
Interest |
xxxx xxxx xxxx xxxx xxxx
xxxx xxxx |
Higher
Interest |
| Statement Savings |
Planned Savings Plus |
Money Market Accounts |
Individual Retirement Accounts |
Certificates of Deposit |
Tips For Saving
- Pay your regular monthly payments first. Consider savings a fixed expense similar to
your house or car payment. Put the money away before you have time to think about spending
it. One alternative is to have an amount automatically deducted from your paycheck or your
checking account and put into a savings plan. If you wait until the end of the month,
chances are there won't be anything left to save.
- Save windfall income. The theory is simple. You got along without the unexpected bonus,
tax refund, overtime pay, or gift, so why not keep it that way and save the extra money?
- Try frugality. Cutting back on eating out, entertainment or pleasure drives can save
money quickly, even though it might cause some sacrifices and might even change your
lifestyle.
Click here for an overview of all of First Security Bank
savings accounts. |
