Importance of Opening a Savings Account Today

posted on Tuesday, May 5, 2020 in Financial Tips

Some people spend more than what they are financially capable of. As a result, they find themselves bouncing from paycheck to paycheck. Take a different path by choosing to open a savings account in IA today.

Don’t stress about how much you’re going to put in your account. Big or small, you will be able to reap the benefits of your savings in the future. If you’re not yet convinced on whether to sign up for one, here are the benefits that you can receive:

  • Prepares You for Unplanned Expenses
    Life can take even the most financially disciplined individuals by surprise. Unprecedented expenses, such as emergency auto repairs, or broken appliances, can ruin your monthly budget. Prepare yourself for these costs by starting a savings account today.
  • Leads You to Financial Freedom
    Have you been wanting to pursue a life-long dream but worried that your current financial status won’t let you? With savings intact, you are more capable to do your plans.
  • Gives You Peace of Mind
    Worrying about expenditures can take a toll on one’s mental health. With a savings account, you won’t stay up late thinking about how to pay next month’s bills. As early as now, you can also begin investing for future life expenses, like your child’s education or your retirement.

Turn Your Financial Goals Into a Reality

Do you want to save money for a dream house, or maybe start an emergency fund for future use? Whatever your goal for keeping money is, Community 1st Credit Union will help make it happen. For as low as $5, you can open a savings account in IA. Be a part of our growing family. If you have questions regarding our services, don’t hesitate to reach out to our team today. Our team will be more than happy to work with you.