The Power of Payroll Deduction!
Deduct a portion of check to put into a savings account electronically! This way you do not even see the money. It goes straight into savings. Contact the credit union today to get the details of setting up payroll deduction.
Financial Tip: Set a money goal. Know what you’re spending in each category. Come up with an estimate of what you think you’re spending on these categories: housing, transportation, utilities, personal spending, entertainment, food, insurance, clothing, kids and miscellaneous. Know this will help you get an idea of how much to save and how you can cut back!
Relevant Links:
- Financial Budgeting Tool: See where all of your money is going with My $ Planner. This free, financial budgeting tool can be found in 705’s Online Banking.
- Want to hear more financial tips? “Like” us on Facebook for daily updates, suggestions, and two-way communication. We want your input! Let us know how we can do better.
