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Save For Tomorrow by Cutting Today’s Expenses.

57% of Americans have less than $1,000 in a savings account.1

Americans may not be saving more because they’re not budgeting or they’re paying for non-essentials, such as luxury items.1

Although it’s important to live in the moment, planning for the future is one of the smartest financial decisions you can make. That latte from your favorite barista or time-saving deli sandwich could be hurting your savings – keeping you from meeting your goals.

1 in 3 Americans spent more on coffee last year than they invested.2

How much can you save each year? Let’s break it down.

  • $4/day average cost. Brewing your own saves you $1,0403
  • $100/month average cost. Switching to video streaming saves you $9604
  • $36.40/meal average cost. Staying in twice a week saves you $3,8005
  • $2,600/year average cost. Carpooling to cut your commute saves you $1,3006
  • $60/month average cost. Exercising at home saves you $6007
  • $7,700 total annual savings

A budget can help. What are you saving for?

With a plan, you can balance spending and saving to meet your future goals.

  • House $376,7008
  • Car $25,0009
  • Vacation $1,14510
  • Wedding $35,32911
  • Baby $233,61012

Average cost of U.S. Expenses

See how much you can afford to save each month for: Your next home, your new car, your next trip, your wedding, or raising your family.

How should you start saving? We can help.

Standard Savings Account. With our tips and guides, you can jumpstart your short- or long-term savings.

Premiere Money Market Account. Earn higher interest rates to reward your banking relationship.* A higher rate means more return on savings.

Virtual Wallet®. Track your spending and reach your savings goals using our innovative tools.

PNC Bank

1 Cameron Huddleston, “This Is Why Nearly 30% of Americans Aren't Saving More Money,” GoBankingRates, January 9, 2018, https://www ,gobankingrates.com/saving-money/savings-advice/Why-americans-arent-saving-more-money/.

2 Catey Hill, “1 in 3 young Americans spent more on coffee last year than they invested,” Moneyish, January 19, 2018, https://moneyish.com/splurge/1-in-3-young-americans-spent-more-on-coffee-last-year-than-they-invested/.

3 Kathleen Elkins, "Here's how millennials spend their money, compared to their parents,” CNBC, June 30, 2017, https://www.cnbc.com/2017/06/30/heres-how-millennials-spend-their-money-compared-to-their-parents.html.

4 Brett Molina, "Five steps to cutting your expensive cable TV bill,” USA Today, January 12, 2018, https://www.usatoday.com/story/money/personalfinance/budget-and-spending/2017/11/06/five-steps-cutting--your-expensive-cable-bill/558650001/.

5 Zagat Staff, “2018 Dining Trends Survey: Highest Tippers, Social Media Habits and More,” Zagat, January 7, 2018, https://www.zagat.com/b/2018-dining-trends-survey-highest-tippers-social-media-habits-and-more.

6 Amelia Josephson, "The Average Cost of an American Commute,” SmartAsset, January 6, 2017, https://smartasset.com/personal-finance/the-average-cost-of-an-american-commute.

7 Alyssa Oursler, "ls your gym membership a good investment?,” USA Today, April 27, 2016, https://www.usatoday.com/story/money/personalfinance/2016/04/27/your-gym-membership-good-investment/82758866/.

8 “Median and Average Sales Prices of New Homes Sold in United States,” Census.gov, February 2018, https://www.census.gov/construction/nrs/pdf/uspricemon.pdf.

9 KBB.com editors, "2018 New Car Buyer's Guide,” Kelley Blue Book, January 10, 2018, https://www.kbb.com/car-news/all-the-latest/new-car-and-sw-buyers-guides/2000011533/.

10 Kim Pinnelli, "Study, Average Cost of a Vacation,” Credit Donkey, August 23, 2017, https://www.creditdonkey.com/average-cost-vacation.htmL

11 Kevin Lui, "This Is How Much It Now Costs to Get Married in the U.S. on Average,” Fortune, February 3, 2017, http://fortune.com/2017/02/03/wedding-cost-spending-usa-average/.

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