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By: John Hirabayashi
Posted on 2/2/2017 12:00:00 PM
Getting an emergency fund started might seem daunting, but there are easy ways to make it happen.
Everyone already knows it’s important to save money. But if you’re like most people, that’s easier said than done. Saving money doesn’t have to feel like a sacrifice, and you are not alone. There are several small things you can do every day and lots of available resources that can help you build savings without feeling like you’re missing out on life. This blog will look at practical ways to help you start saving or build on steps you already take to make your money go farther. With some thought and planning, building savings can be less intimidating than it seems, and Community First Credit Union is here to help.
Lots of things in life are unpredictable, and that’s part of the reason it’s so important to build savings in the first place. Having savings set aside for whatever life throws your way can give you peace of mind and a big head start toward being stress free when it comes to your money.
How can small changes add up? Making small changes such as cooking at home instead of eating out, or making changes to your cable can add up over time.
It is important to differentiate between needs and wants.
An easy way to start saving is by cutting out expensive bad habits to save money each week. You can also cut expenses by planning ahead. Here are a few daily savings tactics:
These are just a few ideas. If you aren’t ready to make big changes, there are plenty of simple actions you can take that can add up over time.
To further assist you with your savings goals, Community First Credit Union now offers Savings Goal Accounts that makes saving for things you need and reaching your goals easier than ever. Community First has developed special accounts to help you saving for anything you need, such as:
Take our Building Emergency Savings module to learn more about ways you can begin saving. If you have any questions or concerns about savings, Community First Credit Union is here to help. Give us a call or stop by and speak with one of Member Services Representatives today. We can answer your questions and help get your started achieving your savings goals.