Spring clean your savings.

Here are four tips to ensure you’re on the right path for reaching your savings goals.

  • Assess your saving habits. Evaluate how much you’re putting into savings each month. If you think more of your monthly income should be put toward savings, look for ways to cut back on non-essential spending.
  • Re-evaluate your financial goals. What are your long- and short-term objectives? Think of your future needs, as well as the goals you’d like to hit in the next few months.
  • Automate transfers. When you have your savings goals clearly defined, set up automatic monthly transfers from your MSGCU checking account to your savings account.
  • Consider options. Saving for a goal that might not happen until next year? Consider a 9-month CD to boost your interest earnings while you wait.

Friendly MSGCU team members are here to assist if you need help creating a plan to reach your savings goals or guidance on the right savings option for you. Stop by a branch near you, make an appointment, call us, or use Video Banking from the comfort of home.

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