Skip to main content
  1. News
  2. Business & Finance
  3. Personal Finance

For the holidays, stop worrying, start saving

See also

Capital Region parents: are you lying awake at night, worrying about money? If so, you’re not alone: 85% of respondents in a recent survey say they are losing sleep because of money fears. (“Learn to Stop Worrying – And Start Saving,”, August 2, 2013). Instead of worrying, take these steps to protect your financial future! This holiday season, Capital Region families can achieve financial solutions, free-up extra money, and achieve greater peace of mind.

A community workshop will be held at the Downtown Schenectady YMCA addressing debt, savings and other key family issues.

  1. Start now. Every month or year that goes by without saving, your chances of becoming financially secure decrease. Time and compounding interest are your two best allies when it comes to growing money, so try not to waste them. Even if you’re in debt, you’re not making much money or you have a lot of expenses, you can still save something — even if it’s a small amount. The longer you wait to save, the less time you have for compounding interest to work its magic!
  2. Put savings on autopilot. Do you routinely spend everything you bring in? Then develop the saving habit slowly by arranging for an automatic transfer or direct deposit of 5-10% from your checking to your savings account (when the money doesn’t appear in your account, you are far less likely to spend it!)
  3. Label your accounts. What do you want to save for? An emergency fund? A vacation next summer? People who label their savings accounts with specific goals put away 31% more than those who don’t. Also, try using a picture as a reminder of what (or who) you are saving for.

Start now. Every month. Come meet your neighbors at at the community workshop to be held at the Downtown Schenectady YMCA.



  • Al Qaeda video surfaces
    A video of an Al Qaeda meeting surfaces, concealed identities are raising suspicions
    Watch Video
  • Boston Marathon
    Boston cops shut down Boylston street after finding suspicious, unattended backpacks
    Top News
  • Death penalty for hate crime?
    Actions by the anti-Semitic gunman are being condemned by the unlikeliest of groups
    Crime News
  • New York gun control
    As many as one million New Yorkers are ready to disregard the state's new gun laws
  • Korean ferry capsizes
    Hundreds of passengers are missing after a ferry sinks off the South Korean coast
    World News
  • NYPD ends surveillance on Muslims
    The NYPD will end surveillance programs against Muslims in their own communities
    Watch Video

Related Videos:

  • April 15, tax day
    <div class="video-info" data-id="518196511" data-param-name="playList" data-provider="5min" data-url=""></div>
  • Cyber crooks already filing ‘your’ tax returns
    <div class="video-info" data-id="517264676" data-param-name="playList" data-provider="5min" data-url=""></div>
  • Protect your family
    <div class="video-info" data-id="517442471" data-param-name="playList" data-provider="5min" data-url=""></div>

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about and apply today!