Dollar by dollar, you can count on our simple strategy.
You owe money for utilities. Got to pay those bills. You owe money to the tax collector. Got to pay what's due. But know who else you owe money to? Yourself. You work hard, manage life's twists and turns, and deserve to have extra cash for fun and games - and financial security. How can you make that happen? With Fox's simple-as-it-gets 52-Week Savings Plan.
The first thing to do is download our handy chart. Then it’s time to start saving. Here’s the gist of it:
- Week One: save $1. Easy peazy.
- Week Two: save $2. Still no sweat.
- Week Three: save $3. OK, that’s one tall cappuccino.
- Week Four: save $4. Catching on to the formula?
- By the time you get to week 52, you’ll have saved $1,378!
Put Your Own Spin On It
For some, this plan will seem like a piece of cake. For others, it’ll seem like climbing Mount Everest. But take heart, you can tailor the 52-Week Savings Plan to your needs.
- If saving dollars is too daunting, try it with quarters. By Week 52, you’ll have $344.50 saved! Dimes, nickels, and pennies will get you results, too!
- Looking to save even more? Double the savings plan. At the end, you’ll have saved $2,756.
- You don’t have to follow the plan in order. Want quicker results? Start from the end! Or, jump around the chart, crossing off weeks as you go along. You may find it easier to save higher amounts of money at different points in the plan.
- Put your money into a sub-savings account. It might be tempting to stuff bills into a glass jar or coffee can. But it's just as easy to "borrow" them back during moments of weakness. By using a sub-savings account, you'll be less tempted to touch your money - and you'll earn interest on your savings. Interested in opening a sub-savings account? Contact us and we'll be glad to get one set up for you.
We know you can do this. And if you’re looking for more inspiration, follow along with our blog!
Fox Communities Credit Union is a full-service, not-for-profit financial institution serving members throughout Eastern Wisconsin, including Appleton, Green Bay, Oshkosh, Manitowoc, and New London.