It's important to have a plan in place when you start to save. Take a look at your current savings and see if you can cover unexpected costs like medical bills or car repairs. When you understand where you spend your money you can identify saving opportunities.
The first step to building an emergency fund is to evaluate your monthly expenses, so you'll know how much remaining income you have to set aside. Use our calculator to help identify how much you can afford to save each month.
Available monthly cash: $
How much do you want to save each month?
Save
of your available monthly
cash to reach your goal by
Check out these articles to help you get on track:
Now it's time to make your money work hard for you. Take a look at some of our suggested product offerings to see which ones fit your goals.
Our online savings account doesn’t have monthly maintenance fees, so you can grow your emergency fund – no matter how much you're saving. You also get the advantage of daily compounding interest, so your balance can grow faster. Plus, we offer great rates that are consistently among the most competitive.
Keep in mind that our rates are variable and may change after the account is opened. Fees may also reduce earnings.
Our Interest Checking includes a variety of features to make account management easy for you. Through our online and mobile banking services you can track your spending, so you know you're sticking to your budget. Plus, we have no monthly maintenance fees or minimum balance requirements, keeping your hard earned money all in one place.
Keep in mind that our rates are variable and may change after the account is opened. Fees may also reduce earnings.
If you already have a relationship with us, take a look at how we can help maximize your savings.
With our app, you can track your expenses and see where you're spending your money. You can also make deposits and pay bills.
Setting up recurring transfers on payday is an easy way to save. You'll never even miss the money you're saving.
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Your available monthly cash is calculated using this formula
Monthly Household Income – Monthly Expenses = Available Monthly Cash
Your goal date is calculated using this formula
(Savings Goal – Current Savings) / (Monthly Household Income – Monthly Expenses) x Monthly
Percent Saved = Total months until you meet your goal
Our calculations are only an estimate based on the information you entered. Also, estimated earnings are based on the interest rate and assume you make monthly deposits without withdrawing funds. All amounts are rounded up to the nearest whole number.
