It’s Build Your Savings Day! Do emergencies constantly ruin your ability to save?
Today I have the privilege of introducing you to a savings tool called ELI. ELI is an app that helps you set aside money that you really CAN afford to save. The goal is to help you eliminate daily money stress. In fact, ELI got its name from the first three letters in the word eliminate – E.L.I.
Eli looks at your account balance and sets aside a small amount of money a couple of times a week. It helps you save only what you can afford and will pause automatically if your balance ever gets too low. If you already know exactly how much money you want to save, you can automatically set it to that amount. The benefit to saving automatically is improved financial health – which grants newfound freedom.
You’re always in control of your money. Withdraw it at any time and there are no transaction fees and no minimum balance required. Plus, you can disable or re-enable the automatic savings rules at any time. Your personal information is SSL encrypted and all funds are FDIC insured up to $250,000.
Emergencies can ruin your financial plans, which is why you need an emergency fund of at least $1,000. ELI is a tool that will propel you to reach that goal. In less than five minutes you can open an account and watch ELI start saving for you.
The unique thing about the app is that Crown has provided biblical encouragement from prayers that are updated daily. They are visual reminders to pray over your life and finances on your journey to become a better steward.
Now, once you save $1000, you’ll be better off than 40% of all Americans who save nothing. Check out the ELI app today, and download it at Crown.org.