Tag Archives: automatic savings

“Automatic savings” programs take the pain out of setting money aside

Not long ago, I received an email from Wachovia Bank advertising a new program called Way2Save. It’s one example of the automatic savings programs now being offered by a range of different banks. Here’s how it works at Wachovia: We’ll transfer $1 from your Wachovia checking account to your Way2Save account when you make everyday [...]