The holidays bring joy, connection, and often expenses! Between gifts, travel, and festivities, it’s easy to find ourselves spending more than planned. For many, holiday debt can impact financial wellbeing into the new year. Imagine instead starting the holiday season with a dedicated savings fund, setting yourself up to enjoy the celebrations without financial stress. At U.S. Eagle, we believe that People Mean More, and we’re here to help you create a strategy for holiday savings that feels manageable and empowering.
The Benefits of Planning Early
Saving for the holidays might seem premature right after this season ends, but it’s one of the best ways to stay ahead financially. A dedicated holiday savings account offers several benefits:
- Avoid Holiday Debt: Many people turn to credit cards to cover holiday costs, which can lead to high-interest debt. By setting aside a little each month in a savings account, you’ll have funds ready to use when the holiday season arrives.
- Easily Track Progress: With a dedicated account, it’s easy to watch your savings grow. You can adjust contributions as you go, ensuring that you’re on track without dipping into your main budget.
- Build a Financial Buffer: Having funds set aside for the holidays provides financial peace of mind, allowing you to fully enjoy the festivities and focus on what matters most.
Open a U.S. Eagle Holiday Savings Account
Our Holiday Savings Account is designed with your goals in mind. Set up automatic transfers to make saving a regular habit. You decide the amount and frequency, making it easy to fit holiday savings into your monthly budget.
Tips to Get Started on Holiday Savings for 2025
- Set a Target: Think about your holiday expenses for this year and use that as a baseline for next year’s goal. Consider any plans you’d like to add, such as traveling or hosting, to set a realistic target.
- Start Small: Begin with a monthly savings amount that feels comfortable. Even $20 a week adds up to over $1,000 by December next year!
- Get the Family Involved: Saving can be a family effort! Encourage family members to contribute toward group gifts, special meals, or activities they want to enjoy next season.
- Use Bonuses Wisely: If you receive bonuses or tax refunds throughout the year, consider adding a portion to your holiday savings.
- Stick with It: One of the biggest challenges of saving is staying consistent. The good news is that with automatic transfers, you’re more likely to stay on track without having to think about it.
At U.S. Eagle, we’re here to support your financial goals, from holiday savings to long-term security. By opening a Holiday Savings Account, you’re taking a step towards a more stress-free holiday season and improved financial wellbeing. Let’s make next year’s festivities even brighter by starting your holiday savings today.
Learn more here or stop by a branch to speak with a member of our team.