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Budgeting and Saving

How much can you save in one month?

A group of people together with clothes outside their car

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!

Flagstar Performance Savings

1Annual Percentage Yield (APY) is accurate as of 10/12/2024. Tier 1 $0 – $9,999.99 features an annual percentage yield of 0.10%. Tier 2 $10,000.00 – $24,999.99 features an annual percentage yield of 0.10%. Tier 3 $25,000.00 – $49,999.99 features an annual percentage yield of 4.90%. Tier 4 $50,000.00 – $99,999.99 features an annual percentage yield of 4.90%. Tier 5 $100,000.00 – $499,999.99 features an annual percentage yield of 4.90%. Tier 6 $500,000.00+ features an annual percentage yield of 4.90%. The interest rate(s) and annual percentage yield(s) are variable and may change at any time before or after the account is opened. Initial minimum opening deposit to earn the higher interest rate on the Flagstar Performance Savings account is $25,000 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 90 days of the approval date, and (ii) early account closure fee may be imposed for accounts closed within 180 days. 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. The maintenance service charge will be waived if you are the tax reported owner on this account and you are an owner on a Flagstar personal checking account. 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.