Ways to save | Tips

Ways to save | Tips

Suggestions to increase wealth:

Open a savings account.

Set up an Individual Retirement Account

Set aside a portion of each paycheck for savings, debt reduction and emergency funds.

Pay off high-cost debt.

Buy a home and pay off the mortgage before you retire.

Participate in a work-related retirement program.

Outside of work, save monthly through an automatic transfer from checking to savings.

Earn up to 4 percent of more on many certificates of deposit or U.S. Savings Bonds.

Sources: Americasaves.org and Mahoning Valley Saves