Eunice Diaz

2 months ago | americasaves.org | Amy Miller |Quaneka Willis |Eunice Diaz

Whether you’re in your 20s or well into your retirement years, you can save for your past, present, and future.  Below, we’re exploring strategies to help you make the most of your savings at every stage of life. In Your 20s: Laying the Foundation Opportunities: Time is on Your Side: With decades ahead, you have the advantage of time to let your savings grow. Compound Interest: Even small contributions now can grow significantly over time due to compound interest.

2 months ago | americasaves.org | Amy Miller |Quaneka Willis |Eunice Diaz

By reducing your debt, you free up resources to save for other goals, improve your credit score, and enjoy greater financial peace of mind.  On this day of America Saves Week, we’ll explore the benefits of paying off debt and provide strategies to help you make debt repayment a priority in your spending and savings plan.  Benefits of Paying Off Debt More Disposable IncomeEvery dollar you pay toward debt reduces the amount of interest you owe, which in turn lowers your overall monthly expenses.