5 Items for Your Summer Financial Bucket List
Summer is the time to have fun and check things off your bucket list. But, along with new things to do and places to see, have you also made plans to meet your financial goals? Here are five things you should mark off your financial bucket list this summer.
- Pay Before You Play
If you’re going on a summer vacation, it’s easy to get caught up in the excitement and forget about your normal routine. To avoid missing a bill payment and ending up with costly late fees, make sure all of your bills are paid before you leave. Or, to make things even easier and worry free, sign up for automatic bill pay to handle it for you.
- Meet with Your Accountant
Most people only meet with their accountant when it’s tax time, but accountants can help you with your financial goals year-round. During the summer, schedule an appointment with your accountant to look over your finances. They will likely be able to suggest ways you can save money. This also gives them a chance to confirm that you are on track with your annual tax withholdings, so you get your expected return when tax season comes.
- Remember Your Student Loans
If you or a loved one have recently graduated, student loans are probably the last thing you want to think about. After all, you usually have a grace period before those payments are due. To keep due dates from creeping up on you, take time this summer to look at how much your payments will be so you can budget for this upcoming expense.
- Cut the Cord
The costs of cable and streaming services can add up quickly. Reevaluate how much you are using them and if they are worth it. Even if you re-subscribe later on, you can save a lot of money by cutting the cord for a few months.
- Plan for Christmas in July
July 25th is known as “Christmas in July.” This date marks 6 months until Christmas Day. It might sound far away right now, but it’ll be here before you know it. Now is the time to start budgeting for your holiday gift expenses. If you set aside a little bit of money each paycheck, starting now, then you’ll have sufficient funds to spend on holiday gifts.
The easiest way to save for your holiday spending is by joining the Christmas Club at CCCU. Every time you get paid, we will take out the amount you specify and put it into your Christmas Club account. This way you’ll earn interest on the money you’re saving. Then on November 1st, CCCU will pay out the account, so you can start your holiday shopping.
Ready to join our Christmas Club to prepare for the upcoming holiday season? Contact Clark County Credit Union today. Our financial advisors can also help you open a checking or savings account. Call 702-228-2228 to get started.
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