In building savings, you must have a specific goals, and a specific need.
Tradtionally, what we know about Savings, is just putting money at the bank, but without knowing the benefits and the rate of return.
Building up savings must be Specific. You need to have a FInancial Services profesisonal, to help you how to build up specific goals and savings.
You need to have the Following specifi Savings:
1.) Savings for Health Care
2.) Savings for Emergencies
3.) Savings for our kids education
4.) Savings for our retirement
5.) Savings for our investments
These , specific savings goals need to have a specific product to be used. Not just banks, go directly where the banks invest your money.