As a family, money matters are of the utmost importance. You want to be able to pay for her soccer and his piano lessons, take that Spring Break vacation, order takeout on those nights that you just can’t fathom cooking dinner. And that’s not even mentioning saving for college.
Forty percent of Americans made some sort of financial New Year’s resolution this year, and right about this time — as life begins to cycle back to normal after the holidays — their motivation is starting to wear off. Only 8 percent of people who make New Year’s resolutions keep them. And by January 17, a date that’s unofficially known as “Ditch Your Resolution Day,” most of them have given up completely.
There’s an old adage: A goal without a plan is just a wish.
So, if you started the New Year without a plan on how to calculate your family’s finances, it’s no wonder you may be faltering already. But it’s not too late. There’s a perfect tool for busy moms and dads to help them achieve their money goals.
Introducing AxiomGO, a new mobile-banking app that will help you finally master money. Here’s a look at what makes AxiomGO a great fit for everyone, especially parents:
It makes life easier.
No more trips to the bank. With AxiomGO, you can open a checking account without ever visiting a brick-and-mortar building. All you need to get started is a smartphone or tablet.
Need to deposit a check? You can do that right from AxiomGO, as well as pay your bills and transfer money to and from accounts at other banks.
Telephone customer service is available with AxiomGO, so you’re never totally flying solo.
It can help you make (and stick to) a budget.
Want to take the kids to a theme park or to hike the Grand Canyon? Maybe you’re hoping to buy that four-bedroom house or minivan but need to build up a down payment. This is where budgeting isn’t just helpful, it’s necessary.
Two-thirds of Americans have no budget. That means, odds are, you’re one of them. Use AxiomGO’s built-in budgeting tool to calculate in your income, and then set spending limits for various categories. The app will ping you when you’ve almost reached the amount you’ve allotted for each category, meaning you’ll know to start saying “no” to shopping and dining out so you can cover the mortgage. Even better, your budget will help you stop worrying so much about having enough money to cover all your bills while saving for life’s big things.
You’ll never overdraft again.
A 2014 survey by Pew Charitable Trusts found that 10 percent of people had paid at least $70 in overdraft fees in the previous year. If you’ve ever been dinged with one, you know how badly that feeling of wasting money stings.
AxiomGO puts an end to that annoyance. It’s called “checkless checking,” and it’s brilliant. When there’s no money in your account to cover a transaction, the bank will simply decline the charge. That’s a smart idea since 68 percent of people prefer that be what happens, according to the Pew survey.
Download AxiomGO now and make 2018 the year you finally take charge of your money and reach your family’s financial goals.
Axiom Bank N.A, a federally chartered community bank headquartered in Central Florida, provides retail banking services, including checking, deposit, and money market accounts.