Wednesday, April 17, 2013

Preparing for a Strong Financial Future


As the tax season comes to a close we often remember the importance of preparing for a strong financial future. Take a look at this resource from USA.gov which helps you:
Choose the right savings account for your needs.
Understanding the difference between different kinds of savings accounts can be overwhelming. Your goal is to find a safe place to put your money, but with all the options, how do you know which account is right for you?
Assemble a financial emergency preparedness kit.
Being financially prepared doesn’t just mean you understand your budget and have a healthy emergency fund. While having savings to fall back on will make it easier to recover after a disaster, a lack of quick access to cash and not being able to locate vital records, ATM cards or proof of identification can make it harder to get back on your feet quickly.
Teach your kids good money habits.
Smart saving and spending habits start early in life. Take a look at this comic strip from Kids.org, which teaches the of saving and help kids find creative ways to be frugal.

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