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Budgeting and Saving

How much can you save in one month?

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Each month, Money Works invites you to a 30-day challenge, a fun way to shake off old habits and get a fresh perspective on your money.


Go it alone or see if your friends and family can keep up with you!


This month's challenge:

Whether you’re saving for a vacation or something else, let’s see how far you can go in just one month. Put your pedal to the metal and get creative! Pick up a tutoring or freelance gig. Cancel those subscriptions you no longer use. Are you up for a yard sale this month? How about a sell-a-thon on eBay or Facebook Marketplace? 

Then, let us know how it goes! Post a short video about your experience on Facebook and tag us with #flagstarchallenge #june2024

Good luck!

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Earn 5.55% APY1 with Promo Flagstar Savings Plus

Grow your savings with 5.55% APY1 guaranteed for the first 5 months.

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Promo Flagstar Savings Plus 5.55% APY 

1Annual Percentage Yield (APY) is accurate as of 6/25/2024. Tier 1 $25,000.00 - $999,999,999.99 features an annual percentage yield of 5.55%. Tier 2 $0 - $24,999.99 features an annual percentage yield of 0.10%. Initial minimum opening deposit to earn the higher interest rate on the Promo Flagstar Savings Plus account is $25,000.00 and must be “New Money,” which is defined as money that is not currently on deposit in any Flagstar Bank account (except maturing CDs). Additionally, (i) account must be funded within 60 days of the approval date and (ii) early account closure fee and reclamation of interest paid may be imposed for accounts closed within 180 days. The 5.55% APY is guaranteed for the first 5 months after account opening. After the promotional period, the account will earn the posted interest rate of the Flagstar Savings Plus accounts, which is a variable rate and subject to change. A maintenance service charge of $15 will be imposed every statement cycle if the average daily Collected Balance in the account is less than $10,000. This charge may be waived if the account is linked to any Flagstar Bank personal checking account. Not available for public units. Fees may reduce earnings. Personal accounts only. Limited time offer. Area restrictions may apply. If you are a Private Bank client, please contact your Private Client Group to enroll.