Looking for some great savings tips and tools? Capital One Bank recently completed a new survey that revealed that people feel satisfaction and happiness from saving money, but they find it hard to save because of deep-rooted spending habits and financial constraints. Did you know that Nicole Lapin, a financial expert has joined Capital One Bank to help consumers like you and I ‘Challenge Your Savings’ to help make savings for larger purchases easy?
Savings Tips & Tools from Capital One & Nicole Lapin
Yes, and here are a few great savings tips from Capital One Bank and Nicole Lapin to help you start saving:
Get into the nitty gritty – Nicole Lapin encourages individuates to get to the nitty gritty when it comes to reaching their financial goals, such as savings for college. There is no detail or expense that is too small anytime you are trying to focus on your financial situation, especially when savings is involved.
Teamwork is best – If you and your partner are focused on savings for an expense that will be shared, such as a house, Nicole Lapin suggests putting every dime toward paying down debt to give you a financial bump. Tax refunds – I’m quilting of blowing my tax refund checks when I used to get them, but I agree with Nicole, it’s not free money, it’s your money, and you should transfer the funds into your savings account to help give your savings a much-needed boost.
Cut out one item of luxury – Do you have debt and paying high-interest? Trying cutting out one luxury and apply every extra dime toward paying off your debt. Once the debt is gone, you might realize those expensive habits vanish, and you can have more fun because the debt is gone, and you’re not paying all sorts of interest.
Capital One Bank has a few awesome tools to help make savings easier, which means it’s often less stressful. Did you know they have a My Savings Goals tool, which helps their customers easily articulate their savings aspirations by listing customized nicknames for each of the goals set up? You’ll then be able to track your progress and maybe even celebrate a little when you hit a milestone.
Automatic Savings Plan – Capital One Bank also has an Automatic Savings Plan, which allows a consumer to maximize their savings by setting up a transfer for a fixed amount of money from checking to savings. Capital One 360 customers can easily set up an excuse free, automatic transfers from their 360 checking to their 360 savings accounts to help them reach their financial goals.
The wonderful people at Capital One Bank take pride in knowing they are doing everything they can to help people get the most out of their savings, which is why their 260 accounts are FREE. Yes, these accounts have no minimums, fees, and do provide interest rates. How sweet is that, I know where I’m considering moving my bank accounts?
To learn more about Capital One Bank and all their great tips and services visit their website at CapitalOne360.com and their Facebook page.
