Planning for Emergencies with the Empower App
If you’re looking to create a dedicated emergency savings fund, the Empower app’s autosave feature is a convenient way to get started. This feature automatically sets aside money based on your cash flow, allowing you to build a financial cushion effortlessly.
Getting Started with the Empower App
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Open the Empower Mobile App
Begin by logging into your Empower mobile app. - Find the Autosave Section
Navigate to the autosave or savings section from the main menu or dashboard.
Setting Up Autosave
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Choose Your Savings Method
You’ll typically see two main options for saving:- Weekly Transfers: Empower analyzes your spending and sets aside small amounts throughout the week, with up to four transfers available.
- Paycheck Transfers: If you prefer, funds can be transferred on your paycheck date.
Pick the option that best fits your routine.
- Set Your Savings Target
Decide on a target, such as saving $100 per week or 10% of each paycheck. Empower will monitor your balance, moving money only when it’s safe to avoid overdraft issues.
Monitoring Your Progress
Once your autosave feature is active, you can track your progress in the app’s dashboard. The flexibility of the Empower app allows you to:
- Adjust your savings goals
- Pause transfers
- Withdraw funds at any time
Your money remains accessible whenever you need it.
Building Your Emergency Fund
With the Empower app’s autosave feature working quietly in the background, you can accumulate your emergency fund effortlessly. This allows you to be prepared for unexpected expenses without needing to lift a finger.
With simple setup and ongoing management, you’re on your way to financial security.
