Financial Feature: Bill Yourself for Savings

How can you fit savings into your monthly budget? Long-range priorities can be hard to stick to when times are tight, whether you’re saving for a reliable car, retirement, or any goal that will take more than a few paychecks.

One technique for savings success is to pay yourself just as you pay your bills. With direct deposit from your paycheck or automated funds transfers to a savings account, you can get your money flowing directly into your goals. Having the money in a separate place also helps you keep your hands off it until you reach your goal –you don’t spend what you don’t see.

Need money for a new car before your current one kicks the bucket? $100 per week will bring your savings to more than $10,000 within two years, leaving you with a car you own free and clear.

Need to catch up on property taxes or other annual expenses? Divide the total payment by 12 and funnel that money each month to a separate account so you have the money in hand when the time comes to pay — you could be saving money by paying on time instead of pinching pennies and worrying about penalties.

Need to build a nest egg, emergency savings, or retirement fund? Set your goal and automate your savings so you don’t have to spend energy each month deciding to do it.

ClassDateProgram AreaLocationRegion
My Money Works2018-07-20 July 20, 2018
(ends August 17, 2018)
Manage your MoneySacoSouthern
Budgeting Basics2018-08-21 August 21, 2018Manage your MoneyOxfordWestern
Budgeting Basics2018-08-22 August 22, 2018Manage your MoneyOxfordWestern
Your Money Personality2018-08-23 August 23, 2018Manage your MoneyLewistonWestern
Clean Up Your Credit2018-09-18 September 18, 2018Manage your MoneyLewistonWestern
Budgeting Basics2018-09-19 September 19, 2018Manage your MoneyLewistonWestern
Budgeting Basics2018-09-25 September 25, 2018Manage your MoneyTurnerWestern
Your Money Personality2018-09-26 September 26, 2018Manage your MoneySouth ParisWestern
Budgeting Basics2018-10-02 October 02, 2018Manage your MoneyLewistonWestern
Clean Up Your Credit2018-10-03 October 03, 2018Manage your MoneyTurnerWestern
Budgeting Basics2018-10-09 October 09, 2018Manage your MoneyBangorNorth Central/Downeast
Your Money Personality2018-10-11 October 11, 2018Manage your MoneyEllsworthNorth Central/Downeast
Budgeting Basics2018-10-11 October 11, 2018Manage your MoneyOaklandCentral
Car Buying Basics2018-10-23 October 23, 2018Manage your MoneyOaklandCentral
My Money Works2018-10-02 October 02, 2018
(ends October 30, 2018)
Manage your MoneyGardinerCentral
My Money Works2018-10-09 October 09, 2018
(ends October 30, 2018)
Manage your MoneyLewistonWestern
My Money Works2018-10-04 October 04, 2018
(ends November 01, 2018)
Manage your MoneyBangorNorth Central/Downeast
My Money Works2018-10-12 October 12, 2018
(ends November 09, 2018)
Manage your MoneySouth PortlandSouthern
Holiday Budgeting2018-11-14 November 14, 2018Manage your MoneyPresque IsleNorthern
Budgeting Basics2018-11-15 November 15, 2018Manage your MoneyEllsworthNorth Central/Downeast
My Money Works2018-11-06 November 06, 2018
(ends November 27, 2018)
Manage your MoneyOxfordWestern
Clean Up Your Credit2018-12-06 December 06, 2018Manage your MoneyEllsworthNorth Central/Downeast