Insights & Advice From Bank Of Tennessee

Advice

The Impact of Saving More

If you're already a saver, you might ask yourself the question "what if I save more"? Increasing your existing savings rate by even 1% can yield big results. Save even more and the results are even better. The more you're able to save and the longer you're able to save it will open your savings up to the magic of compounding, or the ability to earn interest on your re-invested earned interest.

Please Note: Information and interactive calculators are made available only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.