|Information for Military Familes from FINRA SaveAndInvest.org|
|Give Your Savings a Boost by Paying Yourself First!
Saving for the future is key to achieving financial stability and long-term financial goals. Yet, in a survey of military service members by the FINRA Investor Education Foundation, more than one-third of the respondents reported having trouble putting money aside for future needs.
One way to save more is to put your savings on auto-pilot. Simply pay yourself first, right from your paycheck—it’s easy. Just set up an allotment or electronic fund transfer directly from your pay into savings. Think of it as another “must pay” bill that comes due each month—much like your rent or car payment. You won’t miss it if you never see it!
Check out these other tips for making ends meet.
2014 Military Saves Week is February 24–March 1