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Don’t Even Think About It

Apr 12, 2016

There’s no worse financial guilt than worrying whether or not you’re sufficiently contributing to your savings account(s) on a consistent basis.

There’s no worse financial guilt than worrying whether or not you’re sufficiently contributing to your savings account(s) on a consistent basis. So, we’re here to tell you to stop fretting! Take a moment to set up a recurring deposit from your checking account to your savings account(s) so that you don’t have to think about it anymore. The traditional rule of thumb is to make this deposit somewhere between 10% and 15% of your monthly income, but of course, it’s most important to set yourself up for success by contributing whatever you think is financially feasible.

Learn more about Biddeford Savings Bank’s savings account options!

Ideas inspired from Real Simple

Link: http://www.realsimple.com/work-life/life-strategies/financial-organization