How LSB Employees SAVE

posted 6/1/2019 in Mortgage

How LSB Employees Save

How do you save? We asked our Mortgage Lenders this question to discover how they make an impact in their own financial lives through simple savings tactics. Our Mortgage team understands how much effort and determination it takes to save long term, whether that’s for a vacation, college funds, or for a new home! These amazing men and women have been there; they understand the feeling of accomplishment when your bank statement finally reaches that magical number. They also understand that sometimes savings can get stale when you’re grinding it out trying to reach your personal goal. We hope you find some additional savings inspiration here to re-energize your fiscal efforts and keep running toward that savings goal!   

Bill Kostow, Mortgage Lender in Grinnell, IA.

“The term ‘savings’ can be intimidating.  I think of it as paying myself first!  I set up an automatic transfer from my checking account to my savings account to mirror when I get paid.  I started with a dollar amount that was comfortable enough where I wouldn’t necessarily feel it impact my checking.  Then as time went on, I slowly increased the amount I paid myself and the account continued to grow.”

Heidi Swenson, Mortgage Lender in Clive, IA.

“My income is variable so whenever I have a larger pay check I take out all of my expenses for the next two months and pay those bills, then put the remainder into a savings account.”

Jenny Greene, Mortgage Lender in Clive, IA.

“Getting back to the bag lunch is a great way to keep money in your pocket! If you review your bank statements after several months you can see just how much you’re saving by not dining out!”

Jordan Schick, Mortgage Sales Leader in Waterloo, IA.

“Spend less than you make. Build your household budget around a lifestyle that will encourage growth within your personal savings, allowing you to plan for the things you look forward to most.”

Mónica Reyes Rodríquez, Mortgage Lender in Clive, IA.

“I save at least 10 percent of everything that I earn.  You can start this by automatically having 10 percent of your earnings deposited directly to your savings account and the rest can be deposited into your checking account.”

Amber Lampe, Mortgage Lender in Clive, IA.
“I take a small amount from each paycheck and put it in a separate account before I pay anyone else.  This small transfer to pay myself first compounds over time and allows me to have a savings account that I can do what I want with.  Give it a try, you deserve to save for what you enjoy!”

Dorothy Mathis, Mortgage Lender in Ankeny, IA.
”I like to save a flat amount every month to put toward my retirement. If you start by saving even $25.00 a month right after graduation, you can gradually increase it, and set your future self up for success.”  

We look forward to hearing the story of how you finally cross that financial finish line! Fiscal success in the lives of our customers is one of the most rewarding aspects of our career. If you need additional insight into how to best save, how to maximize those savings, or where to keep them safe, we’re here should you need us! With 16 branches located throughout Iowa, Lincoln Savings Bank is committed to being there when and where our customers need a hand. Give us a call on our help line or find our nearest branch to speak with someone in person. We can’t wait to hear your story and see how we can help cheer you on during your next financial race.  

Lincoln Savings Bank. Member FDIC. Equal Housing Lender. NMLS #480330
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