Automatically Fund Your Emergency Fund Account
From your regular day-to-day checking account, set up an automatic, recurring transfer to your dedicated emergency fund account. Look for the “Transfer” link (or similar), confirm your emergency fund account is a linked [...]
How to Set Up Your Emergency Savings Fund
Your emergency fund savings should be in a dedicated account and not commingled with your day to day spending account. Find an account that ensures your emergency fund savings are fully liquid – [...]
Set Up Automatic Debt Payoff Plans
Do one of the following: Set Up from Lender: Go to your lender’s website and provide the necessary information for your lender to withdraw your regular payment from your other account. (Typically you’ll [...]
Calculate Your Medium-interest Debt Payoff Date
In the notes box above (for logged-in users), write down your medium-interest debts, calculate your payoff dates using the links blow, and write down the payoff dates next to each debt. Loans with [...]
What is Medium-interest Debt?
Medium-interest debt typically has interest rates in the mid to high single digits (e.g. perhaps 4% - 9%). Paying down this type of debt is often done with consideration to your other financial [...]
Get Health Insurance & Write Down Policy Details
If your employer offers health insurance, sign up for a plan when you start your job (no need to wait for an open enrollment period). If you cannot get health insurance through a [...]
Fund Your Emergency Fund to Your Growth Level
In the Growth stage of financial maturity, you should grow your emergency fund to cover three to six months of expenses. (You should aim for 1-3 months in "Security", and 6 months to [...]
Setup Reminder to Review Charges & Payments
Find out when your monthly credit or debit card statements come in (see “Pro Tip!” in details below) and set a reminder to review your statement. This task shouldn’t take more than five [...]
Adjust Automatic Savings to Your Emergency Fund – Growth Level
MoneySwell's tools can help you determine how much more you can afford to put toward your emergency fund. (See below.) If it’s not clear if you can afford to increase your automatic transfer [...]
How to Evaluate Your Health Insurance Needs
Everyone should have health insurance. To evaluate your health insurance needs it’s important to understand the key terms including premium, deductible, copayment, coinsurance, and out-of-pocket max. Consider the three “W”s: Who is the [...]
in Boulder and San Diego.