Browsing Tag:personal banking

How much should I be saving?

Plant growing out of a pile of coins

Savings. It’s a word that evokes mixed feelings from each and every one of us. On one hand, we all know we should be doing it—allocating a percentage of each paycheck into your savings account helps you not only prepare for retirement, vacations, and hobbies, but also prepare for unexpected expenses. On the other hand, saving money is just plain difficult. You may not be able to put a flat amount into your savings each month, or you might just…