Saving is a key principle. Develop a habit of saving regularly, even saving small amounts. Open a bank or credit union account to make it simple and easy for unplanned or emergency needs.
Actions You Can Take
- Start saving today, make savings a habit and put your savings first, then budget for other things in your life!
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Open and keep an account at a bank or credit union that meets your needs.
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Track your savings and investments, and monitor what you own
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Plan for short-term and long-term goals
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Build up emergency savings for unexpected events
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Talk with your local bank to help you save and invest
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Save for any major purchases, and your retirement.
Helpful tips from https://www.mymoney.gov