The SmartyPig Blog

Making Saving Easy

According to the latest Harris Poll 27% of Americans have NO personal savings. These paycheck-to-paycheck earning folks are just one unfortunate accident or job loss away from delving into pensions, 401k’s or credit card debt. And people aren’t just not saving, they’re spending too. Borrowing is up and average credit card debt numbers still hang around $5,000. While American’s went into a several year spending hiatus, many are now inquiring; “ Why are American’s spending again, yet unable to save?”

While we don’t have that answer for you – we at SmartyPig strive to make saving not only rewarding, but easy too. We take the grunt work out of transactions, moving your funds automatically for you, on whatever schedule you want. And when it comes to rewarding, well, we do a whole lot of that. We offer cash back incentives of up to 11% at many popular retailers and best of all – we make saving feel good. We eliminate the fear of living paycheck-to-paycheck, with emergency fund goals and we help you save for the things you want instead of borrowing or using credit cards.

Reward yourself, save with SmartyPig.

Sarah Foss, SmartyPig’s Media Mad Woman
SFoss@SmartyPig.com

How Are You Using Your SmartyPig?

My husband turns 40 next year. He’s not a big one on birthday parties, but I’ve decided to throw him the greatest bash ever. I’ve been saving just a bit – $20 or $30 a month, and will have a few hundred to splurge with come 2016. SmartyPig has helped me save for all kinds of things though! This is however, the first “fun” item i’ve tried. I’ll tell you, he or I doesn’t feel a twinge when it’s gone and it will really add up. Thanks SmartyPig! -Liz

What’s Your Biggest Money Worry?

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I stumbled upon an MSN Money poll today – and usually I don’t bite, but sometimes I DO worry about money and I was curious to see how my worries stacked up to other’s worries. Like most, I also selected paying off debt. Debt is everywhere: our homes, cars, student loans, credit cards and even smaller buys like computers and furniture. Not many are fortunate enough to pay for their home or even car in cash, but you can use SmartyPig to save for other smaller purchases like a new coach, computer or holiday gifts and NOT incur any debt when you make that buy. We can’t cure it all, but we can help you save for the little stuff!

Wishing you successful saving,

Sarah Foss, SmartyPig’s Media Mad Woman, SFoss@SmartyPig.com

Spring Cleaning

Screen Shot 2016-03-20 at 11.55.32 AMSpring has sprung! We are just as excited as the next guy for warmer weather, and maybe a little cleaning too. After you’ve cleaned away that layer of winter dust, opened your windows , and freshened up your home, considering giving your finances a little attention too. Yahoo Finance gives us five ways to get things in tip top spring shape in a recent blog and we think you should check it out.

First? Consolidate accounts, specifically retirement. Next, update any insurance policies that need some attention. While you’re at it, clean up that paper trail. Keep what you need and toss what you don’t. Lastly, de-clutter! While you are cleaning out the physical items in your home, considering clearing out your finances too. Get ride of subscriptions you don’t use, check over those cell phone and utility bills, and considering making a new budget for a “fresh” start.

Happy Cleaning!

Sarah Foss, SmartyPig’s Media Mad Woman, SFoss@SmartyPig.com

What’s Next?

qgJb7mj__400x400Emergency funds are HARD to save for. There is no real ‘magic number’ and it’s not like there is a beach or new T.V. at the end of that saving. It’s quite simply: piece of mind. So, What do you save for AFTER you have that fund completed? Well, the smarties at DailyWorth discuss that topic in a blog this past month.

Like an emergency fund, saving for retirement and your children’s college are important to be doing all the time. In addition to those, it’s also important to grow your wealth – learn about investments and then invest! Additionally, save for big and small ticket items like a home, new car or vacation. It seems like a lot of ‘saving’ to keep track of, but with simple platforms like SmartyPig you’ve taken all of the work out of the process. Now it’s time to reap the rewards!

Wishing you successful saving.

Sarah Foss, SmartyPig’s Media Mad Woman, SFoss@SmartyPig.com

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