What’s your percentage of savings? Over 75% of people are saving less than 5% of their annual income and less than 15% of Americans are saving the recommended minimum of 15%.
This article shows the breakdown of savers and who are the best at saving. The goal is wherever you are with your savings rate is to make small changes as your income grows and your savings rate will increase over time. It is never too late to start.
“…, as the economy improves I think a lot of people will fall back into familiar habits … more spending, more debt, less savings.”
Action step: get going in 2017 and either start saving or increase your savings rate!
Headquartered in Eden Prairie, MN., SaveNotes, LLC provides a unique alternative to stocks, bonds and CD’s by providing fixed income with high return, while remaining easy to invest.
SaverNotes pays interest to its investors based on a variety of available investment amounts and maturity dates. SaverNotes have no fees or expenses and are available for any Minnesota investor. Current rates range from 3.00% to 6.00% based on terms of two to five years. Investors can also invest through their IRA account.
Regular | $2,000 + |
IRA | $25,000 + |
Term | Interest Rate |
2 Year | 3.00% |
3 Year | 4.00% |
5 Year | 6.00% |
Learn about how this investment fund was made possible through our investment partnerships and our experienced legal, wealth management, banking and accounting advisors at www.SaverNotes.com.