Tuesday, March 30, 2021 So… What Type of Saver are You? Tuesday, August 4, 2020 With country-wide shutdowns and lay-offs this summer due to COVID-19, many Americans are finding their finances in a rough spot. This financial struggle has caused many to use their savings to get by; with emergency funds and savings accounts dropping to zero. For many, this August is bringing a plateau, if not an upturn, in financial situations. As situations return to normal, it’s imperative to build savings accounts back up again. As such, many may be asking the same question: Where do I begin?
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What Type of Saver are You?
We all know the benefits of saving money and how having a nest egg can help us down in the road in case of emergencies. We know the age-old adage that you should generally have about 1-2 months’ worth of living expenses in your checking and another 3-6 months’ worth in your savings. For some, following these savings guidelines is as easy as butter. For others, trying to put away five dollars is a struggle. We’ve put together a list of 5 different types of savers and how to best utilize your membership to get the most from your money!
My Savings Has Been Wiped Clean; How Can I Replenish It?
