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Teach Me

Change Your Financial Life With These 6 Steps

February 28, 2019

2 min read

Item #1. Automate your savings

We have the best intentions when it comes to putting money aside for the future. We promise ourselves we’re going to put money aside every week. But often, we don’t.

Automation can make saving easier. Auto-Stash puts it into action. It’s part of The Stash Way. By automating sums of money into your savings or investments, on a regular basis, you’re reinforcing good money habits.

Make saving and investing a habit.

Go automatic with Auto-Stash.

Start now

Item #2. Start saving for retirement

retirement calculator

There’s a wonderful life to be led after you stop working. You don’t need a lot of money now to start saving for retirement. Worried you don’t have enough money (or that you’re too young to get started)? Trust us, the best time to start is today.

Consider your retirement savings are a love letter full of cash for when you need it most.

Make your future money

Learn more about Stash Retire

Start now

Item #3. Get rid of hidden banking fees

A dollar here, $20 there—these bank fees can really add up. In 2016, for example, consumers were charged $34 billion in overdraft fees—and that’s just one of many kinds of fees many banks charge.

Stash debit doesn’t cost you anything to set up, there are no minimum balance requirements, and we won’t charge you any monthly or annual fees to maintain the account1.

Learn more about banking

The Stash Way

Start now

Item #4. Protect your family

We get it. Buying life insurance seems like a really adult decision. But a long-term life insurance policy can provide a financial safety net for partner or kids. in case of your unexpected passing.

It can help your family pay the bills, outstanding student loans, medical debt, or other outstanding expenses. It could be the most important decision you make for your family.

Get term-life insurance

Ladder* can give you a quote online in seconds.

Get a quote

Item #5. Give a child you love a financial head start

teach kids value of money

Send a child you love into the world with money in their pockets and a solid financial education.

With a custodial account, you can start contributing to it when they’re young–and teach them all about investing along the way. Once they’re over 18 (or 21 in some states), they can use it for college, a down payment for a home or they can take it over and keep contributing to it.

Invest in their futures

Open a custodial account for the kids in your life

Start now

Item #6. Protect your stuff

Good news for homeowners and renters: It doesn’t cost a lot of money to protect your stuff. You can insure all your valuables in case disaster strikes (think fire, busted pipe, or burglary). It can even pay for a hotel if you have to be out of your apartment or home for a while.

Get Renters or Homeowners insurance

With Lemonade*, you can get a policy starting at $5 a month.

Get protected

1Other fees may apply

*Ladder and Lemonade are paid marketing affiliates of Stash. All content provided herein is for informational purposes only.

By Stash Team

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