Phew! Another Holiday season in Santa’s metaphorical bag. If you’re like us, chances are your finances are still settling in the dust of the Christmas chaos. It’s true what they say; preparation is key! In the New Year, we plan to curb the Christmas chaos with a Christmas Club account. Here’s how to save a little all year to bring on the Holiday cheer:
WAIT… A CLUB?!
If you’re new to the Christmas Club world, it’s a special savings account that takes the financial stress out of the holidays.
I’M INTRIGUED! HOW DOES IT WORK?
Once your account is open, you can set up a monthly, direct auto-transfer. Your savings will accumulate all year!
THAT SEEMS PRETTY EASY! WHAT’S THE CATCH?
You can only touch your savings without penalty on November 1st, when they automatically disperse into your checking account. But that’s less of a “catch” and more of us being your accountability buddy. Oh, and there’s more good news! There’s no monthly service charge, and dividends compound yearly.
THAT SOUNDS LIKE A SWEET DEAL!
We think so too! If you still need to set one up this year, the sooner you get started, the better. Even Santa takes the whole year to get ready!
If you’re ready to take charge of your Holiday savings, we’re prepared to support you in answering any of your questions. Check out our Christmas Club account here!
And, if you need a judgment-free zone to go over a plan to recover from Christmas spending, we’ve got a team ready to support you.