If you're already a saver, you might ask yourself the question "what if I save more"? Increasing your existing savings rate by even 1% can yield big results. Save even more and the results are even better. The more you're able to save and the longer you're able to save it will open your savings up to the magic of compounding, or the ability to earn interest on your re-invested earned interest.
Wellness category
Wellness category
The Impact of Saving More
Information presented in the Northwest Financial Wellness Center is provided for educational purposes only and is not related to actual Northwest products or services. Northwest makes no representations as to the accuracy, completeness or specific suitability of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. Northwest recommends you consult a professional for any specific guidance you are seeking.