YOUR MONEY MATTERS
Save and Invest
MyMoney.gov
S
aving is a key principle. People who
make a habit of saving regularly,
even saving small amounts, are well
on their way to success. It’s import-
ant to open a bank or credit union account
so it will be simple and easy for you to save
regularly. Then, use your savings to plan for
life events and to be ready for unplanned or
emergency needs.
ACTIONS YOU CAN TAKE
• Start saving, form a savings habit, and
pay yourself first!
• Open and keep an account at a bank or
credit union that meets your needs.
• Track your savings and investments,
and monitor what you own
32 HimPower January/February 2019
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Plan for short-term and long-term goals
Build up emergency savings for unex-
pected events
Consult with a qualified professional
on investments and other key financial
matters
Save for retirement, children’s educa-
tion and other major items
HINTS AND TIPS
• An easy way to save is to pay your-
self first. That means each pay period,
before you are tempted to spend money,
commit to putting some in a savings
account. See if you can arrange with
your bank to automatically transfer a
certain amount from your paycheck or