Savings
Feb 20, 2020, 11:14 AM
Title :
Savings
Slide Name :
savings
Question A :
I have no savings
Question B :
I have a little money set aside
Question C :
I have a dedicated savings account
Budgeting and saving are different for everyone. What kind of saver are you?
If you’re not saving yet, you’re not alone. According to CNBC, 20% of Americans doesn’t save any of their annual income. You can change that.
Nice job! You’ve taken the first step and are already saving. Let’s build up your reserve. The rule of thumb is to save at least three to six months’ worth of expenses.
You’re a Super Saver! You should have at least three to six months’ worth of expenses and your emergency fund covered. Let’s look at retirement and maybe that dream vacation.
Related responselinks
Related responselinks
Related responselinks
From saving strategies to debt management and beyond, Compass™ is here to assist you in staying the course along your financial journey.
