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Saving. Ways to Save. Payroll deductions Extra change in jar Jar change into savings account Save wage increases. Ways to Save. Determine needs and wants Pay Yourself First Pay bills on time Avoid check-cashing stores Remember retirement. Reasons to Save.
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Ways to Save • Payroll deductions • Extra change in jar • Jar change into savings account • Save wage increases
Ways to Save • Determine needs and wants • Pay Yourself First • Pay bills on time • Avoid check-cashing stores • Remember retirement
Reasons to Save • To purchase a planned good or service in the future • To buy a good or service that is suddenly wanted • Eliminate future stress • Emergencies • Unexpected events
Government Regulations That Protect Savers • FDIC – Federal Deposit Insurance Corporation • Insures each account in a federally chartered bank up to $100,000 per account.
Government Regulations That Protect Savers • NCUA – National Credit Union Administration • Insures each account in a federal credit union up to $100,000 per account.
Assessment • Create a bumper sticker, billboard, or print ad encouraging your peers to save.