Understand Your Finances
The essential guide to saving money
This article is part of Chase’s #SavingIt movement, where we are encouraging people to save money to help them reach their goals.
Building savings provides a solid foundation for a healthy financial life, and it often starts with making small changes on a day-to-day basis. In the following articles, Chase outlines ways to be more mindful about how you spend your money, so that you can save—and enjoy—more of it later on.
If you wonder where all your money goes, you may be wasting some of it on subscriptions and memberships you don't or seldom use. Eliminating some of these costs are an active way to trim your budget.
Big salaries don't always equal sustained wealth, because people tend to spend as much as they earn—and then some. Here's how to get on the right financial track and moderate your spending so increased income translates into more savings.
Building savings is often staying aware of where your money is going, and finding ways to better track your expenses. These are some new tactics to try and boost your available savings.
Virtual currency is becoming more common, which makes it harder to teach children about money and how it works. As mobile payments become common, kids may never see their parents do anything but tap their phone or use a card to make a purchase.
Vacations are great, but they're also a major expense. The average vacation costs nearly $1,400 per person, or about $5,600 for a family of four, according to the latest figures from the U.S. Bureau of Labor Statistics. But it doesn't have to be that way if you consider how to save money as part of vacation planning.