Pay Yourself FirstTired of paying all of your bills and having nothing left over for yourself? Try paying yourself first and start saving today!
Chances are, you would like to put money away for a new car, a child's education, a special occasion or just a rainy day. But it's easy to say
"I'll start saving next month." And when next month comes, you never do.
Most experts agree that the best way to save money is to pay yourself
first every month. Instead of paying your bills first and trying to save what is left over, set money aside before you pay your bills. This way you can
develop a budget around saving, and not the other way around.
|Savings Growth Chart|
|Current Annual Percentage Yield ________________|
|If you save:||$________||$________||$________|
|Here's how much you'll have:|
|After 1 Yr.||$________||$________||$________|
|After 2 Yrs.||$________||$________||$________|
|After 3 Yrs.||$________||$________||$________|
|After 4 Yrs.||$________||$________||$________|
|After 5 Yrs.||$________||$________||$________|
It All Adds UpThe best part of paying yourself first is how quickly the money will add up! With monthly interest added to your savings amount, you
could reach you goal faster than you think. A Dollar Bank Representative will help you fill in the chart above to illustrate how much your savings will
amount to in just a short time. Call 1-888-418-BANK for assistance, or to find a location near you, click here.
Saving Made Even More ConvenientMaking a contribution to your savings account each month is easy and convenient when you sign up for preauthorized
transfers at Dollar Bank. We'll automatically transfer the funds you authorize from your checking account to your savings account each month. To have your
savings grow faster, you can even have two preauthorized transfers a month to coincide with your pay schedule.
You don't have to come into a
branch office to make your savings deposit, we'll do it for you. Using preauthorized transfers is the fast and easy way to add funds to your savings
account. Additional transfers of funds during the month can be done quite easily via telephone banking or online banking. For more details about online
The information presented in this publication is general in nature; it is not our intention to provide specific
advice to individuals or a comprehensive discussion of the subject matter. We suggest that you consult with your
financial or tax advisor, accountant or attorney to obtain specific advice or comprehensive information.