Author: Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha
With messages of goal-setting, pressing the refresh button and starting with a blank slate swirling all around as we kick off a new year, it’s natural to feel the urge to join in on the excitement and make big changes in 2019.
This coming year, we want to encourage all of our account owners to stick to their short- and long-term savings goals by following a few pieces of simple advice: limit the number of decisions you have to make, recognize the value of small but frequent contributions and focus on creating lasting and impactful habits that will help your savings grow.
It can be exhausting to make decision after decision, day in and day out. But with Enable Alabama’s Automatic Investment Plan (AIP), you can work towards your savings goals without constantly making savings choices. With AIP, you make one decision regarding your investment plan, and then leave the rest up to us.
Make Small but Frequent Contributions
The phrase “a little goes a long way,” rings true when it comes to saving. Enable Alabama makes it simple for account owners to live by this motto with our low contribution minimum—just $25 is all it takes to be one step closer to your savings goal. Whether it’s a change jar you keep in your house or setting aside a small sum from each paycheck, make it a point to practice saving as often as possible.
In 2019, pledge to review your budget in order to find ways to save even more. Try to eliminate extra expenses and focus on creating lasting habits that will result in contributions into your
Enable Alabama savings account.
With these tips in mind, we hope you feel prepared to tackle your finances head on in 2019. As always, Enable Alabama will be here every step of the way to help encourage and guide you.