Here at MCFCU, we are small, but we do Big!
No matter your savings goal, big or small, we have options for you. Our options cover every savings scenario; just starting out and want to build good savings habits, or looking to have money put a way for those unexpected expenses, or maybe you want to earn more on your savings with easy access.
Saving Is A Marathon, Not A Sprint!
These are some quick tips to help you get started on your savings journey, or propel you closer to your goal.
- Establish a "pay yourself first" habit and utilize automatic deposits to do the work for you.
- Start small, an amount that will not cause you to dip into your savings because you don't have enough to cover your expenses.
- Once you have established a good savings habit, reasses your goal and work to save enough to cover at least 3-6 months of your monthly expenses - a major savings milestone.
- Diversify your savings and take advantage of higher interest rates through Certificate of Deposits that offer flexible terms and very competitive rates.