Most people like surprises. Unless, of course, they involve spending money.
Life happens, and sometimes, due to unforeseen circumstances, you suddenly need cash…but don’t have it. According to one survey, a $1,000 surprise expense would put most Americans in debt.
Nearly six in 10 Americans don’t have enough savings to cover a $1,000 unplanned expense. Do you?
Set aside a little each week to be prepared for when life happens.
- Save $10 each week (or $20 every other week) and you’ll have $520* (plus dividends) at the end of one year.
- Save $21 each week and you’ll have $5,460** (plus dividends) saved up in five years.
Build your Emergency Savings
Set up recurring, automatic money transfers to your savings from another account to take the guesswork and hassle out of building your emergency savings. Fill out the form below to get started.
Pick Your Payout accounts earn a higher dividend rate and include fees for withdrawals prior to your scheduled payout date. Other savings account options are available.
*Example calculation based on $10 weekly automatic transfers for 52 weeks.
**Example calculation based on $21 weekly automatic transfers for five years.