Bank of America’s – Add It Up – Savings Program

Bank of America’s Add It Up savings program is another great way to start saving cash on everyday purchases. 
Add It Up allows you to earn cash back, sometimes up to 20% on purchases made with partnered retailers. The percentage received is on top of any retailers discounts.
To get started, all you need to have is an existing checking, savings or credit card account.  You can open an account online or in the branch. You can enroll online as well.
Like Bank of America’s Keep the Change program, the program works because it triggers automatic saving deposits into the account of your choice. Saving money is challenging at times. Bank of America provides a great solution and an option to continually save money.
One of the best features is that you have an option to have the cash back deposited into a savings or checking account. Hopefully, you make the best use of the program and have the cash back deposited into your Bank of America savings account.
A combination of this product, Keep the Change and a high yield online savings account can go a long way in diversifying and growing your hard earned cash.
Right now, it’s best to look at every avenue that’s available to save additional dollars. Even in the form of cash back on purchases. 
See Amanda cover the basics on Bank Of America’s Add It Up Savings program.

Tips for Successful Saving

A common problem that many people face these days is the ability to save their money consistently to build for the future. In many cases these people end up spending what they should be saving leading to even more problems down the road. 

In the article the Secrets of Successful Savers, M.P. Dunleavey talks about how difficult it can be for people to save and what they can do to be able to consistently save when it can be difficult for them. 
Some of the different strategies that she writes about include: having a certain percentage automatically moved from your checking account into your savings account each week, placing your money into a certificate of deposit (CD) or money market account and having part of your pay check moved into your checking account while the other part is moved into your saving account. 
She also mentions the ability to maintain the pace of saving by suggesting that you act immediately when setting up how you will go about saving, getting support from a friend, ways to make savings easier and how you can avoid falling in the spend to save routine. 
Clearly, Dunleavey has some great ideas as to how you can save and what you can do to be able to able to avoid falling into your old spending habits, something that will help anyone build for their future.

America Saves Week – Start Your Savings!

There’s more than one reason that we’re in this mess. One of those, that I’ve mentioned in previous articles is the fact that Americans just don’t save. The fact is that the personal savings rate has hit near zero and for most Americans, (including myself, at one time) is that we simply spend more than we earn.

Out comes America Saves Week, which is a nationwide campaign that will build and drive awareness on saving. We hope the message and actions that come from this campaign stretch far beyond this week. 

Their mission: To Help Individuals and Families Save and Build Wealth

So how does it work, and just how can you get involved? During America Saves Week, individual will be encouraged and assisted to assess their savings progress and to take action. Several organizations are taking part and you find them here.
So what if you’re not associated with any of these organizations and still want to take part? Everyday this week we’ll be sharing videos and articles that has created to help educate and promote saving as well as some helpful ideas on saving planning, saving for big ticket items and effectively building wealth.
To kick things off I’m posting a video on a situation we’ve all been in. You’re at the register or a store and know you don’t have enough cash. Out comes that credit card with the high APR! Not so so fast, Credit Card Guy is here.