homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

November 23, 2020

Small businesses can help workers save

  • Most of us are more likely to save if the money is automatically deducted from our paychecks.
    • By LIZ WESTON
    NerdWallet

    iStock image
    Even if small-business owners aren’t ready to set up a formal emergency savings program, they can encourage workers to save through split direct deposit.

    Donna Skemp of Bend, Oregon, struggled to save before she signed up for an automatic savings plan offered by her employer's payroll services company. Now, some of her pay goes into a federally insured, interest-paying savings account that she can access any time with a debit card.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.