Automate Saving Plans With My Own Payday Iowa

Sticking with a savings plan is much easier when your savings deposits are made automatically. If you are interested in learning how this can be done, read the following article.

Local Companies

J.D. Byrider
563-209-0953
925 W Kimberly Rd
Davenport, IA
Globe Financial Services
(319) 627-2066
West Liberty, IA
Countrywide Home Loans
(319) 358-6882
2346 Mormon Trek Blvd
Iowa City, IA
Veridian Cu
(319) 236-5600
Waterloo, IA
Midwest Equibanc
(712) 732-1620
602 Flindt Dr
Storm Lake, IA
Bank of America
(712) 262-2200
705 Grand Ave
Spencer, IA
Security Trust & Savings Bank
(712) 732-3022
601 Lake Ave
Storm Lake, IA
Iowa Falls State Bank
(641) 648-5171
601 Washington Ave
Iowa Falls, IA
Fieldstone Mortgage Company
(563) 386-1440
100 E Kimberly Rd
Davenport, IA
First Trust & Savings Bank
(712) 876-2215
55 Deer Run Trl
Hornick, IA

Once You've Set Up a Savings Plan Using myOwn10-Key, Make It Automatic in myOwnPayday

Sticking with a savings plan is much easier when your savings deposits are made automatically. In myOwnPayday, you can set up an automatic savings plan using a "biller" to whom you make monthly payments as a normal part of paying your bills. Automating your savings deposits is done using the program's "linked biller" feature.

After setting up a special account to hold your savings deposits, you then set up a new biller to whom you "pay" your monthly savings deposits. After linking this new biller to your savings special account, all payments made to the biller will be automatically deposited into the linked special account. It sounds complicated, but it isn't. Here's how to set up your automatic savings plan in myOwnPayday.

Set up a new special account to hold your savings.

  1. Open the Add Special Account window. Click on the Setup menu and then the Special Account command.

    Add Special Account Window

  2. Enter a suitable Account Name and then the Purpose/Goal of the account.
  3. Set up a savings target or leave the account open-ended. If you are saving for a specific purpose, enter the Target Amount, select the Target Date option for Duration, and then enter the Target Date by which you want to accumulate the target amount. If, on the other hand, there is no specific purpose for the account other than accumulating savings, select a Duration of Open Ended....

Click here to read the rest of the article at HowToDoThings.com

Author: George Gilbert

Featured Local Company

J.D. Byrider

563-209-0953
925 W Kimberly Rd
Davenport, IA

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