Savings
Last Updated 11/2022
English
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Full Lifetime Access
Self-Paced
Finish in
32 mins!
Finish in
32 mins!
Made for for
Employees
only
Employees
only
Certificate
of Completion
of Completion
Mobile -
Friendly
Access
Friendly
Access
What you'll learn
This topic can help you get a better grasp of some of the more complex financial themes that you'll come across in your life.
Skills covered in this course
Description
Why put your money into a savings account when you already have a checking account? What's the point of having more than one bank account? Well, for starters, most savings accounts earn interest, often much higher than a standard checking account. That means your money is making money while it just sits there. In this course, we'll talk about the basics of savings accounts, the various types of savings accounts to consider, and the benefits of opening an account.
System Requirements
• Windows 7 and newer
• Mac OS 10 and newer
Supported Browsers:
The current and previous major releases of the following browsers
• Safari v11 and higher
• Firefox v65 or higher
• Chrome v70 and higher
• Microsoft Edge v42 and higher
• Internet Explorer v11 and higher (Windows only- may exhibit visual differences from other
browsers)
Computer Speed and Processor:
• Use a computer 5 years old or newer when possible.
• 1GBofRAM
• 2GHz processor
Author
Making the Workplace Safer and Smarter
HSI (Health & Safety Institute) is a recognized leader in Environmental, Health and Safety (EHS) and workforce development software, training, and compliance solutions.
HSI is your single-source partner for EHS, Compliance, and Professional Development solutions. HSI provides integrated e-learning content, training solutions, and cloud-based software designed to enable your business to improve safety, operations, and employee development. Across all industries, we help safety and technical managers, human resources, first responders, and operational leaders train and develop their workforce, keep workers safe, and meet regulatory and operational compliance requirements. We are a unique partner that offers a suite of cloud-based software solutions including learning management, safety management, chemical SDS management, and more, integrated with our content and training so businesses can not only monitor and manage multiple workflows in one system, but train employees via one partner.
Savings
Savings: Savings 101
Why put your money into a savings account when you already have a checking account? What's the point of having more than one bank account? Well, for starters, most savings accounts earn interest, often much higher than a standard checking account. That means your money is making money while it just sits there. In this course, we'll talk about the basics of savings accounts, the various types of savings accounts to consider, and the benefits of opening an account.
Savings: Why We Save
We know that when you deposit money into a savings account, it earns interest, giving you extra money. But how much does it really give you? Enough to matter? That's what we'll look at in this course. We'll also discuss various reasons for saving your money and go over some good ways to do that.
Savings: How to Save
Now that you know why saving is important and some of the basics for how savings accounts work, let's talk strategies for actually saving your money! In this course, we'll talk about various ways to add to your savings, as well as discuss spending diets and budgeting. We'll cover determining essential, could-be-improved, and unnecessary expenses. And lastly, we'll talk about strategies for analyzing your expenses.
Savings: Maximize Your Savings
You've opened a savings account, you've adjusted your budget, and you've been saving diligently toward your goals for a period of time. What's the next step in your savings strategy? It's getting the biggest bang for your buck. In this course, we'll talk about various ways to maximize your savings through investments. We'll discuss retirement accounts, like 401(k)s and Roth/traditional individual retirement accounts (IRAs). We'll cover saving for educational expenses with a 529 plan. And lastly, we'll talk about investment account options.
Savings: Selecting the Right Savings Account
Just like there's more than one type of checking account, there are also different types of savings accounts. In this program, we'll dive into the different kinds of savings accounts, as well as different aspects of each, so you can decide which kind is best for your specific financial situation and goals. We'll go over the different financial institutions and their offerings, including standard savings accounts, money market accounts, and certificates of deposit (CDs). We'll also cover specialized investment accounts like 529 plans, 401(k)s, and IRAs.
Frequently Asked Questions
This course is designed for employees who need to complete Savings training
Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.
The course takes approximately 32 minutes to complete and can be paused and resumed at any time.
Yes. Learners receive a downloadable certificate upon successful completion, which can be used for compliance records and audits.
Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.
Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).
Yes. The course is fully self-paced and available 24/7.
Yes. This course includes a knowledge check to reinforce learning and verify completion.
Learners have lifetime access from the date of purchase.
Yes. A preview is available so you can review the course format and content before purchasing.
Yes. Content is reviewed and updated as regulations and best practices change.
Yes. This course is available for free with an active Prime Subscription.
Yes. Refund requests can be submitted within 30 days of purchase.
