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52 Ways #10 - Remember to Pay Yourself Too! - SimpliFi
$400. That’s what it would take to sink 40% of American households if an unexpected expense came up, according to recent data released by the Federal Reserve. Here’s an easy tip to grow your savings for a rainy day: When you’re setting up automatic payments from your checking account each month, set up one to yourself. With each payment you make to your savings account, you’ll be that much closer to building your rainy day fund, should you find yourself with an unexpected expense someday. This information is provided for general information purposes only and is not intended to provide specific investment advice. The information in the articles should not be relied on for tax reporting, accounting, or valuation purposes. Past performance is not a guarantee of future performance. It is not possible to invest directly in an index. Please note that links to third party websites are provided as a courtesy. When you link to a third-party website, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. Nor are we liable for any issues or consequences arising out of your access to or your use of third-party technologies or websites made available through this website.