Ally Bank Offers Consistently Competitive Rates
Saving money may not be as fun as spending it, but it’s absolutely one of the most important steps you can take towards achieving financial security. Whether you’re saving up for a big purchase down the line, saving for your child’s college fund, or starting an emergency fund, there are a lot of different ways to go about saving. And if you don’t already have a plan to save money, there’s no better time to start than now.
Track your spending. One of the best money saving tips you’ll find actually involves spending money—or rather, tracking how you’re currently spending it. Whether you start a weekly budget or use a computer program to manage your finances, knowing exactly where your money is being spent can give you real perspective. Once you’ve done that, you might find it easier to identify and cut out unnecessary expenses.
Set up automatic transfers. Once you’ve got your budget under control, consider automatically transferring a portion of your paycheck into a savings account or other interest-bearing account. Think of it as tricking yourself into saving money without ever missing it.
Get creative. Saving money doesn’t have to mean giving up great food, going on shopping trips, or taking exciting vacations. By staying focused on saving, you might discover a new passion for cooking, or find a great new website for clothes, or discover an off-the-beaten path spot to take the family over the holidays. However you approach saving money, staying positive and creative helps make the experience enjoyable.
Find a great bank. At Ally Bank, you can open and fund your account with any amount, whether it’s an Online Savings Account, Money Market Account, one of our CDs or even an Interest Checking Account. You get rates that are among the most competitive in the country, and we don’t charge monthly maintenance fees. All of your deposits are insured by the FDIC up to the maximum amount allowed by law.
Ally Bank is committed to making saving as easy, secure and rewarding as it can be. Learn more at Ally.com or call live, 24/7 customer support at 877-247-ALLY (2559) today.