Jumpstart your savings with Start Small, Save Up

National Tax Day was April 15. For many Americans, their tax refund is one of the biggest checks they’ll receive all year. If you received a tax refund, consider setting some of it aside as savings. Sometimes “life happens,” so having a rainy day fund to cover unexpected expenses throughout the year may help you breathe a little easier.

If you feel like you’re living paycheck to paycheck or always coming up short, it’s difficult to think about putting any money aside. And, you’re not alone. According to a study conducted by the Federal Reserve Board, 40 percent of Americans could not come up with $400 to cover an emergency expense, or would do so by borrowing money or selling something. 

CFPB recently launched the Start Small, Save Up campaign to provide tools and strategies to help Americans to save. A few small steps can really add up and help you realize your dreams for the future, regardless of whether it’s creating security for a rainy day, saving for your dream house, or building towards retirement.    

Learn how you can start small now and create lasting change.

This article by was distributed by the Personal Finance Syndication Network.

The post Jumpstart your savings with Start Small, Save Up appeared first on Personal Finance Syndication Network.

About Damon Day

As a Debt Coach and a Financial Advocate, I have saved my clients Millions of Dollars by exposing the debt relief scams that other consumers fall victim to. I work directly for my clients to create custom debt relief strategies based on their own unique circumstances. Consumers who speak with me first, come out far ahead of those who don't, every single time. Guaranteed. +Damon Day