Does the word ‘savings’ sound boring to you? Or perhaps it sends shivers up your spine? It doesn’t have to.
In fact, putting money aside can help you live life in the fast lane – ticking off your bucket list as the years fly by, or making that purchase you’ve always dreamed of.
Put simply, saving plans put financial power in your hands – for proposals, weddings, car purchases, holidays and more.
And of course, when times get tough, having savings in the bank also means you can come out of a sudden financial emergency unscathed.
It’s not just the bigger moments in life a savings plan can help us with, though. Savings can help you make it through yearly costs – like insurance renewals, school fees, Christmas time and birthdays too – leaving you with money to live, while life continues around you.
Baby steps for big plans
Whatever your goal, consistency is the key to a solid savings plan, and with MyState’s high interest, low fee online accounts, cash management and mortgage offset options, it couldn’t be easier to keep up your newly-formed savings habit in check.
What’s more, a MyState Wealth Management Financial Planner can help you with expert advice to fit your financial goals, and history. They’ll help you put a plan into action to turn your dreams into goals – and finally, reality.
Before speaking with a MyState Wealth Management Financial Planner, here are a few thought-starters:
- Decide how much you want to save and when you’d like to save it by.
- Review your progress regularly, or set up a regular savings transfer.
- Tell your family and friends about your savings goal.
- Keep an eye on your account balance regularly – you’ll be surprised at how quickly it builds!
Ready to chat savings? We are, too. Get in touch with MyState today to start saving, and living.