How to Save Smarter in 2025: Start the Year Strong with UMe
Smart Savings Strategies for 2025: UMe’s Tips for Financial Success
As we step into 2025, many households are feeling the pinch from holiday spending and setting new financial goals. Whether you’re saving for something specific or building a rainy-day fund, UMe Credit Union is here to help Southern Californians, especially our Burbank neighbors, achieve smarter savings this year.
Start with Sub-Savings Accounts
One of the easiest ways to save is by creating multiple sub-savings accounts, each dedicated to a specific goal. Whether it’s a family vacation, a new car, or back-to-school expenses, naming your accounts makes saving more intentional and fun. Read more about the power of sub-savings accounts here.
Simplify Spending with a UMe Visa
Looking for a credit card with rewards, low rates, or a way to build credit? A UMe Visa can support your financial goals while helping to manage holiday debt or unexpected costs. With perks designed to put U first, it’s a tool to spend smarter and save better. Discover more here.
Adopt the 50/30/20 Budget
The classic 50/30/20 budget is a great guideline:
- 50% of income goes to needs (housing, utilities, groceries).
- 30% to wants (entertainment, dining out).
- 20% to savings and debt repayment.
UMe Pro Tip: Our Money Market Accounts and Certificates (CDs) offer higher yields to help your savings grow faster. Get details here.
Look for Everyday Savings Opportunities
- Shop Smarter: Use apps to track deals, especially for groceries and household goods.
- Cut Subscriptions: Audit recurring charges and cancel what you don’t need.
- Refinance Loans: See if UMe can help lower your payments and rates to free up cash for savings.
Plan Ahead for the Next Holiday Season
It’s never too early to prepare for next year’s festivities. Start a dedicated holiday savings account to ease the financial strain in December.
UMe Pro Tip: Automating deposits can help U save painlessly.
Lean on UMe For Support
At UMe, we’re all about helping U succeed financially! Our friendly team is here to answer questions, set up accounts, and provide guidance tailored to your goals. Stop by our convenient Magnolia Park branch or explore more tips on our helpful UMe blog.
Let’s make 2025 your most financially empowered year yet!
Disclaimer: U matter to Me (to all of us) at UMe — and that’s why we do our best to deliver helpful information on our blog. Please note the following: (1) UMe Credit Union works hard to make certain that the information we post here is as accurate as humanly possible. But as you know, information can change and evolve quickly. While we try to update the blog on a regular basis, the content of some older posts may not be correct or up-to-date. (2) Some destinations on the World Wide Web that we link you to will exist on external websites. UMe Credit Union does not officially endorse any connected sites, nor do/did we compensate or get compensated by any entities to be featured in our posts (unless otherwise noted). (3) Everyone’s situation is unique and we advise you to consult with our personal bankers or your finance, tax, or legal professional for advice individualized to you!