There is a great amount of attention being paid to saving money these days. It’s no surprise following a stormy economic downturn that caught many Americans with too much debt and not enough money in their rainy day funds. Saving is surely something banks are thinking about as more and more customers say, “I wish I could save more.”
Saving money is important for a number of reasons, not the least of which is because it helps build a financial safety net for life’s unexpected changes. Loss of a job or a surprise addition to the family can send families scrambling to figure out how they are going to make ends meet.