Do you have Easy Access To Your Saving Account?

Easy access to your savings account is very much important. If depositing money is hard you might end up not doing so. Make sure that you can easily deposit funds. Most banks today provide online access and will let you deposit money online directly from your checking account sometimes linking to checking accounts at other banks. If not you should be able to write a check and mail it for deposit.

Some banks would provide you with a debit card linked to your savings account. It is better to refuse that card as it will just serve as temptation for using the money in your savings account instead of saving it.
Saving account is a great way to save your money. you should look at other savings instruments like certificate deposits (CDs), mutual funds and more. You can get higher interest rate with CDs for larger sums of money that you can put lock aside for a predetermined period of time and you can get even more if you are willing to take a risk and invest some of your money in mutual funds and stocks.