You’ve been told you need to “save money.” Sometimes they go further, “save 10% of your income” or have “three months living expenses saved for a rainy day.” Well, which it is? Is it both? If it’s not both which is more important?! It’s stressful!
If you don’t know where to start, and a formalized plan seems too much right now, first and foremost, just start. Pick a monthly amount you know you can afford to save. To put it into practice, set up an automatic transfer through online banking. Or, if you enjoy WECU’s candy, put a rubber band on your wrist to remind you that when you deposit your next paycheck with a teller to put some money in savings.
Don’t minimize the significance of this habit-building step. This is a major accomplishment. You are now a “saver.”
Later, WECU can help you reach more specific goals and offer you advice. Consider opening a savings account online with us. But most importantly, to quote Arthur Ashe, “Start where you are. Use what you have. Do what you can.”
