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From Financial Integrity


SmartyPig is an innovative website that allows you to set up any number of savings goals, with automatic deposits from your checking/savings accounts. Your money earns interest, is FDIC insured, and is boosted if you take advantage of the retailer discount cards when you finish a goal and cash it out. You can also set it up so that family and friends can add to a specific goal you may be saving for. SmartyPig works best for shorter-term goals and amounts under $50,000, but can be an excellent way to introduce children to savings for specific goals, and set up a savings method that reduces the temptation to take money out prematurely.

For a review of SmartyPig, see this review and these tips from Free From Broke.

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