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As the manager of your household’s money, you’re always tryingto find the best ways to save for your family’s future – maybe forretirement, college tuition, home remodeling, medical expenses orjust a few fun trips you’d like to take.

Savings accounts are a great foundation for your financialplanning because they can act as emergency funds so that you havemoney immediately available, or as storage funds to help you savefor a specific purchase. They’re a low investment risk and theyearn interest. was established to help you plan for thefuture by providing information about savings accounts and how youcan use them for your family’s benefit. The site has articles,diagrams, charts and graphics on everything ranging from investmentrates and stretching your dollar to how the average family spendsan annual income. The site also can connect you to institutionsoffering you the best highinterest savings accounts.

Here are some facts about savings accounts and how you can makethem work for you:

* Have at least three to six months worth of money depositedinto a savings account or other savings venue that you can easilyaccess without financial penalty. This is for situations in whichyou unexpectedly lose an income like an injury or a job layoff.

* Interest rates on savingsaccounts are showing the potential to increase. They have beenlow for the last few years, but financial experts are predicting achange soon.

* If you have children, look into setting them up with a childsavings accountoffered at many financial institutions. These accounts frequentlyoffer a slightly higher interest rate, but may also require aminimum balance or minimal deposits in a year.

* Credit unions and online banks tend to pay higher interestrates on savings accounts than national and offline banks.

* When reviewing a potential savings account, consider therequirements for minimum balance requirements or withdrawalrestrictions.

Visit for more information on how you canmake savings accounts work best for your family.

Courtesy of ARAcontent