How to Make Money-Wise Saving Decisions

How to Make Money-Wise Saving Decisions


As the weather cools, thoughts turn to the holiday season ahead and celebrations with friends and family. It’s also the time of the year to start planning your budget for fun, gift-buying, as well as more serious things like paying off those high-interest credit cards, fattening up your savings account (save before you buy) or maybe start your retirement fund.

Making money-wise saving decisions is not the easiest thing in the world. It takes discipline and perseverance. However, the positive side is that once you start ‘growing your money’ in savings it becomes a very good habit. It’s gratifying to see how much you can accumulate in savings with even a little consistent effort.

We understand. That’s why we have a unique number of options when it comes to saving money. Three of our most popular savings accounts are the Christmas Account, Vacation Account, and Kidz Club Account. Of course, we have a Regular Share (Savings) Account, as well as CDs and IRA offerings. But many of our members find that choosing one of the first three gives them a sense of focus for a special purpose or goal.

For instance, starting a Christmas Club Account early in the year can amass a tidy bundle of holiday money. Or, maybe it pays for a long-awaited ski trip in the mountains. The same holds true for the Vacation Club Account. By making your savings central to a special vacation trip, you’re more inclined to bolster your resources more effectively.

The Kidz Club Super Savers Account is also a winner on many levels. It helps get the kids acclimated to the savings game early on and gives them a genuine sense of pride and confidence to know they can manage their money by making wise choices.

First Basin appreciates the fact that our members have many reasons to save their money. That’s why we do our best to make it easy and comfortable. If you have questions about how to get started, come by or contact us for help. That’s what we do best – help people make sound, money-wise decisions.

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