The Importance of Saving

Do you have a savings account? If you’re like most Americans, then you either don’t have a savings account or you have one but rarely use it. Neither of these approaches are very good ones. See, it is important for all people to have savings accounts, to regularly make deposits into them, and to only use those savings accounts in the event of an emergency or when a real need pops up.

People give a lot of reasons for whey they don’t open and/or add to their savings accounts. Most commonly, people say that they simply “don’t have the money” to save, but almost anyone can put away 5 to 10% of a paycheck. Even saving a dollar a day would eventually add up!

If you’d like to start saving money but don’t know how to get started, visit a Naperville financial services company, such as Platinum Financial Associates of Naperville. The friendly financial services professionals can help you to determine how much you can (and should!) be saving and can get you set up on a good schedule that will have your savings account teeming with funds in no time at all and will leave you well-prepared for any rainy day that comes along.

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