Spending & Saving Move closer to financial independence

Improving spending and savings habits starts with strong daily financial decisions. Learn how changes today can add up over time.

Establishing a Budget

Learn to keep track of where your money is going each month and how to monitor your progress toward financial goals.
Image of a student and adult looking at a laptop

Creating a budget

Learn how to create a personal budget using these six steps.

Image of a hand pointing at figures and paperwork

How to set a budget and stick to it

Watch the video to find out how to create a budget that works.

Saving Money

Use these tips to help set aside money, grow your savings and develop good saving habits.

Transfer money

Move money between your accounts quickly and securely.1 You can also set up Automatic transfers.

Keep the Change®

Enroll in Keep the Change to help grow your savings with debit card purchases.2

Track spending

See how our Spending & Budgeting tool3 can help you stay on top of your monthly transactions and savings goals.

Get Notified

Set up custom alerts to be notified when your balance is low.4

Watch the video to build your financial foundation

Learn how to start putting away a little each week to pay for college, spring break, a car or whatever else might lie in the future.

Watch now

Money with a fraction of one coin cut out of it

How to save money every day

Saving is easier with a plan in place. Follow these seven steps to help create a strong savings strategy.

See how you can start saving every day.

Illustration of checklist, papers, and coffee in a cup

Take your saving skills further

See how Bank of America can help make saving even easier with tips and tools for students and young adults.

Learn more at Better Money Habits®.
Image of paycheck and money

5 steps to get started with saving

Want to boost your savings? Small changes now can help you make progress toward a brighter future.

See how these five things can help.

Image of woman holding receipt in front of laptop

Tools that help make saving simple

Use these tools to help establish or improve money saving strategies.

Discover ways to help make it easier to save.

Image of young adult woman studying

How to prioritize your savings goals

From saving for college to preparing for retirement, here are some important tips to help decide where to put your money first.

Learn how to prioritize your savings goals.

Bank of America can help meet your needs

See how these solutions can help students and young adults get started.

Banking accounts for growing needs

Choose either SafeBalance® for Family Banking for parental controls or SafeBalance Banking® for more features and capabilities. Both accounts offer no monthly maintenance fee until age 255 and no overdraft fees.

 

View options

Bank of America Advantage Savings

A savings account can help boost your financial health and put your goals into focus. No monthly maintenance fee for Advantage Savings accounts with an owner under 25.6

Start saving

Get a Bank of America debit card

Your Bank of America account includes a debit card that can help you manage day-to-day purchases.

See how

Bank with ease, from almost anywhere

The Bank of America Mobile Banking app7 is packed with features to help manage accounts all in one place.

Get the app

Enter your cell phone number

Send

Message and data rates may apply.

Terms and Conditions

Get the app

Message and data rates may apply.

Terms and Conditions