Rewards are a great way to stay motivated when working toward any kind of goal.
When it comes to your savings goals, monetary incentives areespeciallyrewarding.
And some banks offer just thatfinancial rewards for meeting your own savings goals.
Money site Bargaineering explains that goal-based savings accounts offer rewards when you reach certain milestones.
For example, the reward could be a $100 bonus once your account hits a certain money milestone.
Or a higher APY when you make regular deposits into the account.
Some require you to set up automatic transfers from your checking account at the same financial institution.
These bank (or credit union) accounts are usually found online.
In fact, Bargaineering runs down a list of them in their full post.
Kick start your savings with goal-based accounts| Bargaineering
Photo by401(K) 2012.
