TCU Savers Club

Are You Currently On a Budget?

Nothing can help you achieve financial success like a personal budget. Do you currently follow a budget? What steps have you made to help you and your family stick to it? If you don't have a budget, don't worry. We've created one for you. Just print, fill in your information and add the totals to see if your income is larger than your expenses.

Emergency Fund

Doesn't it seem like things always happen when you least expect them? How do you cope when a financial problem comes your way? What happens if your car breaks down, or that old refrigerator needs to be replaced. What if your child needs to get braces or your furnace goes out in the middle of winter? Are you prepared for the worst? Have you built up an emergency fund?

Build Your Savings a Little at a Time

A few years ago, we started TCU Everyday Savings in an effort to help our members easily build their savings a little at a time. Every time you make a purchase with your TCU Visa® Check Card, we round that purchase to the nearest dollar amount and transfer the difference from your checking account to your savings account with no charge to you. Some members have been surprised to see their savings grow a few hundred dollars over the course of a year, even without putting any additional money in themselves. Those who have been using Everyday Savings and a Systematic Savings Plan have really been pleased to see their savings grow like never before.

Systematic Savings is an automated savings plan. You tell us how much you'd like to save every month–whether it's $10 or $1000–and that amount automatically transfers from your checking to a savings account of your choice on a specified date. Depending on the amount of money you're moving every month, this can take some time getting used to, but start out small and slowly increase the amount. Let's say you were saving $25 a month with Systematic Savings, but you get a $50/mo. raise at work. Just bump your amount to $50 per month and you'll still have an extra $25 going into your checking. This small monthly amount will increase your savings by $300 per year!