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
Your Money Personality2018-12-13 December 13, 2018Manage your MoneyLewistonWestern
My Money Works2018-11-19 November 19, 2018
(ends December 17, 2018)
Manage your MoneySacoSouthern
Your Money Personality2019-01-31 January 31, 2019Manage your MoneyLewistonWestern
Budgeting Basics2019-02-06 February 06, 2019Manage your MoneyBuckfieldWestern
Budgeting Basics2019-02-07 February 07, 2019Manage your MoneyLewistonWestern
Clean Up Your Credit2019-02-12 February 12, 2019Manage your MoneySouth ParisWestern
My Money Works2019-01-23 January 23, 2019
(ends February 13, 2019)
Manage your MoneyOnlineStatewide
My Money Works2019-02-05 February 05, 2019
(ends March 05, 2019)
Manage your MoneyPresque IsleNorthern
Clean Up Your Credit2019-03-12 March 12, 2019Manage your MoneyLewistonWestern
Your Money Personality2019-03-21 March 21, 2019Manage your MoneyEllsworthNorth Central/Downeast
Budgeting Basics2019-04-02 April 02, 2019Manage your MoneyFarmingtonWestern
Budgeting Basics2019-04-03 April 03, 2019Manage your MoneyRumfordWestern
Your Money Personality2019-04-09 April 09, 2019Manage your MoneyTurnerWestern
Clean Up Your Credit2019-04-09 April 09, 2019Manage your MoneyFarmingtonWestern
Clean Up Your Credit2019-04-10 April 10, 2019Manage your MoneyRumfordWestern
Budgeting Basics2019-04-11 April 11, 2019Manage your MoneyEllsworthNorth Central/Downeast
Your Money Personality2019-04-16 April 16, 2019Manage your MoneyFarmingtonWestern
Your Money Personality2019-04-17 April 17, 2019Manage your MoneyRumfordWestern
My Money Works2019-05-01 May 01, 2019Manage your MoneyLewistonWestern
My Money Works2019-04-23 April 23, 2019
(ends May 21, 2019)
Manage your MoneyFarmingtonWestern