Tips for building a savings account for now and investing
for the future.
Compound Interest Mind Bend
In case you haven’t heard, compound interest is the best. You may remember it as an equation you had to memorize for math class, but it’s so much more than that. It’s the concept that powers all sorts of savings and investment products and, over time, allows you to turn your money into, well, more money!Infographic Handout
Budgets are like the New Year’s resolutions of personal finance. We all know we should have one and we all know it’s a fairly simple thing to follow—at least in theory. Like resolutions, we often map out personal budgets with the best of intentions, only to abandon them a couple of weeks later.Infographic Handout
Good vs. Bad Spending
When you start looking for financial advice (or any kind of advice, for that matter), experts will share their take on what’s “good” and what’s “bad.” In personal finance, there are some classifications that we can all agree on: Debt is bad. Emergency funds are good. Overdrawing your account is bad. Earning interest on your savings is good.Infographic Handout
Saving for RetirementHave you ever thought about what you want your retirement to look like? It’s hard to do (especially if your retirement is decades away), but designing the life you want can be motivating.
Saving Money (Jr.)
Imagine this: you are out for a walk and you find a stack of shiny gold bars. Where do you put your treasure to keep it safe?
- Do you hide it in your room?
- Do you bury it in the ground?
- Do you carry it with you at all times?
You have to make a similar choice with your money. There are many places you can save your
money to keep it safe.