Saving as a Family

Plan for New Expenses

Growing your family can add extra expenses to your budget like childcare, health insurance and college tuition. It's a good idea to adjust your savings plan now to help manage the additional costs. Start by identifying your family's goals, so you can determine the amount you need to save.

Plan for Your Other Life Stages

Save for the Future

The first step to saving for short- and long-term goals is to identify the amount you need to save and when you need the funds. Use our calculator to determine how much to save each month toward your goal.

Experts say you should designate a set amount of money to put aside each month to build a nest egg.

Experts say parents spend an average of $12,000 the first year of a child's life.

Experts say having a down payment that's 20% of the home purchase price can help you avoid paying private mortgage insurance.

Experts say the average new car costs $33,500.

Experts say the average vacation costs $4,850 for a family of four.

Experts say a four-year degree at an in-state public college could cost $205,000 by 2030.

Estimate Costs

You met your goal. Consider increasing the amount you want to save.

years and months
Estimate Costs

You met your goal. Consider increasing the amount you want to save.

years and months
Estimate Costs

You met your goal. Consider increasing the amount you want to save.

years and months
Estimate Costs

You met your goal. Consider increasing the amount you want to save.

years and months
Estimate Costs

You met your goal. Consider increasing the amount you want to save.

years and months

Choose a Savings Option

Now it's time to make your money work hard for you. Take a look at some of our suggested product offerings to see which ones fit your goals.

Online Savings
4.6

Our Online Savings account doesn't have monthly maintenance fees, so you can reach your goal – no matter how much you're saving. You also get the advantage of daily compounding interest, so your balance can grow faster. Plus, we offer great rates that are consistently among the most competitive.

Keep in mind that our rates are variable and may change after the account is opened. Fees may also reduce earnings.

Highlights

  • No hidden fees
  • Open and fund any account with any amount
  • Open custodial accounts or UGMA online
  • Deposit checks remotely with Ally eCheck Deposit℠
  • Deposits insured by the FDIC up to the maximum allowed by law
  • Six transactions limit per statement cycle. Why only 6?
Open Account Get more details

High Yield CD
4.4

Our High Yield CD is a great way to maximize your savings strategy. We offer flexible terms to help your money grow faster. Our CD ladder tool can also teach you how to combine long-term earnings with more frequent access to a portion of your money. Plus, we offer great rates that are consistently among the most competitive.

Keep in mind that you'll pay a penalty if you make an early withdrawal.

Highlights

Open Account Get more details

Estimate Your Earnings

Maximize Your Account Benefits

If you already have a relationship with us, take a look at how we can help maximize your savings.

Open an account for a Trust

Many college savings plans restrict your ability to use funds for expenses like tuition or books, but custodial accounts don't have these restrictions.

Learn more about Trusts

Name your accounts based on your goals

Try naming your accounts to match your savings goal. This can help you remember what you're saving for while keeping your eye on the prize.

Log in to get started

Send money using Popmoney ®

Whether you're sending cash to your kids or paying the babysitter, Popmoney is a fast way to transfer money to just about anyone.

Log in to send money

Plan for Your Other Life Stages

How is this calculated?

Your suggested monthly savings amount is calculated using this formula
(Amount Needed – Current Savings) / Total Months to Meet Goal = Suggested Monthly Savings Amount

Our calculations are only an estimate based on the information you entered. The suggested savings amount is rounded up to the nearest whole number.