Some of us just like to do things ourselves. If you're one of those self-starters, you may be most comfortable setting up your own personal savings plan rather than depending on a financial professional. Many people, in fact, handle their own savings and investments quite successfully.

But if the do-it-yourself personal savings approach suits you, you need to do some 'prep work' first. In that sense, financial planning is like any other do-it-yourself project. Once you've figured out what you want to accomplish and how you plan to make it happen, you need the proper tools.

"Financial success doesn't happen without a little planning—and planning to win the lottery doesn't count," notes Jeff Opdyke, author of “The Wall Street Journal. Complete Personal Finance Guidebook.” Opdyke's book is one of several financial guides that can help you determine your goals and outline a plan to accomplish them. If you find yourself still uncertain about some choices, investing in a meeting with a certified financial planner to outline a basic roadmap could be wise.

Your financial toolkit probably will include a savings account, where you can set aside money for emergencies or big ticket items. You may want to include Individual Retirement Accounts, or IRAs, to help build your retirement savings and take advantage of tax benefits. Certificates of Deposit (CDs) are another great tool for saving that can provide guaranteed returns for part of your personal savings.

Ally Bank is an online one-stop location for all these tools and more. At Ally Bank, you can open and fund any 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.

Ally Bank is committed to making saving as easy, secure and rewarding as it can be. Learn more at or call live, 24/7 customer support at 877-247-ALLY (2559) today.

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