University of Illinois Extension

How a few dollars grow over time

The importance of saving on a regular basis

Savings strategies

Match your goals to your savings and investment options and time frame

What are my risks?

Always shop and compare. It's your money.

How much will you make?

Sort out the confusing terms

Negotiable Order of withdrawal (NOW) checking accounts

Super NOW accounts

Savings accounts

Money market deposit accounts

Certificates of deposit (CDs)

T-Bills and EE savings bonds

Money market mutual funds

For further reading/ References

 

 

After you consider the importance of planning and saving and establish some financial goals--remember, these goals can change--ask the following questions:

  • How much money will I need to meet my financial goals?

  • How much time do I have?

  • What am I willing to give up in order to accomplish my goals?

 

 

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