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Tips on starting a savings account?

Started by Jenny H.
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M

Micky H.

Start small and grow. So start with a dollar if you have to. If you don't notice it gone after a few months keep moving it up slowly.

Do it via direct deposit so that you don't have to think about it.

Also if you can have it in a separate account, so that it will take you more effort to get to, the more likely you'll be able to save it.

Also start with building an emergency fund first so that you don't have to touch the savings every time there is an emergency.

Deleted user

I like the fidelity cash management account. High interest rate. Also the Charles schwab high yield checking acct.. free atm withdrawals everywhere in the world

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