You're probably saving up for lots of things. There's that down payment on a new car you've had your eye on, not to mention that dream vacation you've been promising your family. Oh, yeah, and your old dishwasher is on its last leg.
A smart way to save for any financial goal or future expense is to schedule automatic transfers from your checking account to a savings account. But how do you keep track from there?
Choice Savings from TCU lets you set up separate accounts for each savings goal so you can see your progress at a glance. By setting up multiple accounts and naming them for each specific goal, you'll know exactly how much you've saved toward each one just by looking at your statement or in Online Banking. You can have as many Choice accounts as you have goals, and transfer money automatically from your checking account for each one.
A Great Budgeting Hack
Beyond saving for vacations and down payments, Choice Savings is an extremely useful budgeting tool. Think of each Choice account as a virtual envelope that you can tuck money into for routine things like utility bills, groceries, oil changes or unexpected expenses. By setting up automatic transfers into each of these separate accounts, you have a clearer picture of what's really available to you in your checking account so you don't overspend.
Take the First Step
To get started saving for your spending goals, simply click here to open your first Choice Savings account. If you're not already a member, don't worry. Joining is easy, and we'll walk you through the process as you open your account.