Monthly Savings Ratio Calculator
Are Your Saving Enough Each Month?
Were you planning on putting more money into a savings deposit account? Or, top up your retirement account? Do you have savings and investment accounts that allow you to buy a home, pay for college, take your dream trip?
It is important to keep a budget and save money by cutting grocery expenses, paying down debt, and finding a less expensive cell phone provider. However, it is equally important to build up your savings accounts.
Use the Bills.com Saving Ratio Calculator to find your Saving Ratios and don't stop there. Start a new savings account today.
Good savings habits are important to acheive a healthy financial bill of health.
At the most basic level you need to save money for emergencies (a rainy day fund) and retirement. However, you are also going to want to save money for other reasons such as purchasing a car, a home, or large purchases. If you have children then you may want to save money for a college education.
A rule of thumb: save 10% - 20% of your income. Check out how you are doing in the savings department.
Your Saving Rates
Your Overall Savings Ratio is
Top Savings & Money Market Accounts (MMA)
Do you have a savings account? Is it earning as much interest as it could? Review savings accounts from different providers, to find the one that fits your needs and earns you the most interest.
Your Monthly Savings and Your Financial Health
Savings is a vital part of your overall financial situation. However, it is crucial that you make savings a part of your overall game plan.