Automatic Savings Plan

Are you looking to turn your financial life around? You’re not alone. After the economic fall out of 2008, many people are foregoing the urge to spend in favor of stashing money away. So, where should you start?

Automatic Savings: Fast and Easy

One of the best ways to grow your savings, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. Can’t spare a lot? That’s okay. Start small and adjust upward.

With automatic savings, you know your savings account is growing every month no matter what with the automatic amount plus the interest payments from your bank based on the bank rate.

Related Bank Rates Articles

Best Boston Banking Rates

Featured Rate
Ally Bank	1.18% Date: Jan 24, 2012 2-Year CD Rate View Rate Details
Highest Rates Recent Rate Changes
Dedham Savings Bank 2 Year CD Account	1.61% Date: Mar 24, 2011 View Rate Details
Southcoast Health System Credit Union 2 Year CD Account	1.50% Date: Jan 26, 2012 View Rate Details
Pentucket Bank 2 Year CD Account	1.41% Date: Jan 26, 2012 View Rate Details
Marlborough Savings Bank 2 Year CD Account	1.41% Date: Mar 28, 2011 View Rate Details
Cape Cod Five Cents Savings Bank 2 Year CD Account	1.30% Date: Mar 30, 2011 View Rate Details
New Bedford Credit Union 2 Year CD Account	1.26% Date: Feb 2, 2012 View Rate Details
The Citizens National Bank 2 Year CD Account	0.73% to 0.72% Date: Feb 2, 2012
Northeast Credit Union 2 Year CD Account	1.30% to 0.90% Date: Jan 27, 2012
Northeast Credit Union 12 Month CD Account	0.70% to 0.50% Date: Jan 27, 2012
Northeast Credit Union 6 Month CD Account	0.55% to 0.35% Date: Jan 27, 2012
Cape Cod Five Cents Savings Bank 2 Year CD Account	1.35% to 1.30% Date: Mar 30, 2011
Cape Cod Five Cents Savings Bank 12 Month CD Account	0.90% to 0.85% Date: Mar 30, 2011

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