What are your financial goals for 2025? If socking away more money is at the top of your list, Tropical Financial Credit Union is here to help. According to the latest statistics, Americans are starting to save again, but at a rate below pre-pandemic levels. Still, the trends are pointing in the right direction.
To help encourage you in your journey, Tropical Financial Credit Union is bringing back its 52-Weeks of Savings Challenge. Each week on our Instagram and Facebook pages, we will give you a tip on how you can save money on the things you do daily. For example, if you are a coffee drinker, you might consider making your favorite brew at home more often instead of visiting the local barista where drinks can get pricey. If you eat out a lot, a better option could be meal planning at home. You might be surprised how much you can save over a year just by changing your everyday habits.
With that extra money in your pocket, you can use our 52 Weeks of Savings checklist to track your progress. Start the year by depositing $1 the first week in a Tropical Financial Savings Club Account, save $2 the second, deposit $3 the third and so on, and you will have saved $1,378 by the end of December. That is just a minimum. The more you save, the bigger the balance in your account at the end of the year!
With just a few changes in your spending habits and becoming more intentional and disciplined, you will have more money saved up that can be used for an emergency, a summer trip, or holiday presents for next year. Tropical Financial is committed to providing its members with financial tools and expert advice to help them achieve their financial goals. That is the credit union difference.
Are you ready for the challenge?