Day3 of America Saves Week 2018: Save for rainy days

A rainy day fund consists of a small amount of money, at least 500$, in a savings account separate from your checking that you do not have easy access to. Saving for this fund starts with small, regularly scheduled contributions that build up over time. Nearly a quarter of savers who take the America Saves pledge chose “emergency savings” as their first wealth-building goal. And they have the right idea. Research shows that low-income families with at least $500 in an emergency fund were better off financially than moderate-income families with less than this amount. Yet most Americans don’t have enough savings to cover an unexpected emergency. Read more about Saving for Emergencies.

Day2 of America Saves Week 2018: Save the easy way…automatically.

Her are some tips from Jacquelyn Pica, Penny Hoarder on how to save the easy way: 7 Ways to Get Your Savings on Track — No Apps Required We all want to save more money. The question is, how? With so much new technology out there, it’s easy to feel overwhelmed. Plus, maybe you don’t feel comfortable sharing personal bank details with tons of different websites and apps. Forget the latest tech — these seven methods will help you get your savings on track without signing up for any apps. Figure out what you owe First things first, find out what — and who — you owe. Use a spreadsheet such as Google Sheets or Microsoft Excel to track all your debts and recurring bills. Personally, I use Excel to

Day1 of America Saves Week 2018: Are you saving for the right things?

Just like your car needs a tune-up, and just like you need your annual physical, your checkbook needs a checkup, too. America Saves Week is an annual opportunity for savers just like you to assess your savings and make sure that you are saving for all the right things. If you only do one thing during America Saves Week 2018, complete this simple assessment to see if you are saving adequately. I'm Ready to Assess My Savings

Share YOUR Savings Goal for a Chance to Win up to $750 in the #ImSavingForSweepstakes

​ To celebrate the upcoming America Saves Week (Feb. 26-March 3, 2018), America Saves is launching the #ImSavingForSweepstakes. It’s easy to enter. Just tell America Saves your savings goal and make a plan to reach it for your chance to win $500 toward your goal, then boost your potential prize by an additional $250 by sharing your savings goal, story, or tip on Facebook, Instagram, or Twitter. When you’re ready to get started, you can enter to get your shot at up to $750 at americasaves.org/for-savers/pledge. How to enter: Take the America Saves Pledge and tell America Saves what you’re saving for and make a simple savings plan to reach your goal Make a short video featuring your savings g

Tax filing - it can be less painful!

You are just about starting your tax return or gathering together the needed documents for your tax advisor. You are sure that this is a quick task you can do just before you will head to the grocery store. But then real story begins: Where have you put the W2 you got in the mail last week? Did you already get the tax statements from your investment broker? How much of value were your donations you made to Goodwill last summer? Where is the receipt of the cash donation for the PTA? And the list continues.... Finally you do the grocery shopping first and spend the next weekend in digging through your office, searching for all the required documents. If this sounds familiar to you, it might be

You are not alone - only about 40% of all American adults prepare and follow a personal budget!

There are many reasons why you should create and follow a personal budget: It helps you achieving your financial goals, both in the longer and shorter time-range It can help you to avoid overspending, as you are exploring your spending habits You can discover your hidden money dumps (i.e. all little and often regular add-on spending). It can help you generate savings, also by only minor adjustments But despite all those advantages about 60% of the American adults do not create or follow a budget. US News has explored some of the reasons why the budgets are failing. In addition to those, many people are just afraid that budgeting is a very complicate process and often they lack the required d
00-BACC-Partner.png

Serving Portland, Beaverton, Hillsboro

503 851 2449

sds@smartdailyservices.com

  • Facebook Social Icon
  • Instagram