PHOENIX, AZ — (Marketwire) — 03/13/13 — According to tradition, four leaf clovers bring good luck to their finders, especially if found accidentally. However, instead of relying on luck in managing your expenses during this year-s St. Patrick-s Day celebrations and throughout the year, BMO Harris Bank has some tried and tested advice that will give you better results.
– An automatic monthly deposit from your checking account to your savings account is one of the easiest ways to save for a rainy day, plan for unexpected expenses, and big ticket purchases. Consider an IRA for retirement savings, and a money market account for your expanding nest egg.
– Keeping track of where you spend your hard earned money is the best way to make sure you don-t overspend. Don-t know how to start? There are many software products available to help. The Internet can direct you too, search “personal budgeting.”
– Did you know that if you bring your lunch to work four days a week instead of eating out, over your working career you could save as much as $60,000?* Even cutting back on that $4 latte a couple of times each week will save you hundreds of dollars per year.
“Your personal finances are too important to hope that you-re just lucky,” said Steve Johnson, BMO Harris Bank Arizona President. “Every consumer should take time to talk with a banker or financial professional about how to better ensure their financial success.”
For more money-saving tips visit .
BMO Harris Bank provides a broad range of personal banking products and solutions through over 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank-s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the . Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank(SM) is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with approximately 1,600 branches, and approximately $525 billion in assets (as of Oct. 31, 2012).
*Calculation based on $7.50 per day, 48 weeks per year, over 40 years.
Media Contact:
Carey Allen
480-558-6383