Christmas Club Accounts

It’s hard to imagine the winter holidays when the weather is warm and the days are long. It seems, though, Christmas, Hanukkah and Kwanzaa have a magical way of sneaking up on us. How many times has there been plenty of time to buy a present only to have it become a last minute affair?

Our holiday procrastination often comes from finances. We think we will plan a fun day of shopping when we get paid tomorrow or next week. This way of thinking is a trap and it gets in the way the way of our very best intentions. Tomorrow comes. Next week passes. Our paycheck is spent.

Here at Missouri Central Credit Union, we have a solution to last minute budgeting! It’s the Christmas Club Savings Account. This account is dedicated to holiday saving. It will save you time, money and give you back the joy of gift giving.

Are you ready to learn more about this brilliant concept?

Budgeting Defined

Sometimes budgeting gets a bad rap. No, we don’t mean like wrapping paper. We mean that budgeting can invoke a sense of missing out or giving up something likeable. It can imply that one may not get to enjoy the perks one desires in a day.

Budgeting for the holidays, however, means you can enjoy financial freedom when it’s time to buy presents for your family and friends. It means you can be the best Secret Santa in the office and buy the school secretary a little something for being so awesome. Cutting back on one cup of coffee from the specialty shop, for example, will add up week by week, month by month. 

Saving to Stay Organized

Some people have a natural knack for staying organized. If you have been blessed with this sanity saving trait, the Christmas Club Savings Account is a great place to save your money. We feel you nodding your head, budgeting and saving is in your DNA.

If you have not been blessed with organizational savoir-faire, we encourage you to take advantage of our Christmas Club Account. Holiday purchasing can turn exhausting if not carefully managed. Planning and saving for immediate Christmas expenses and planning ahead for the unexpected, will ease the financial aspect. It’s the breathing room you promise yourself each year.

Be In Control of Your Money

Putting money aside all year long allows you to be intentional with your money. If an additional person pops up on your Christmas list, it will be no problem! If you need to adjust for something unseen, it will be ok. You’ve set aside money for the extras, the little things and the big things. 

Avoid Over Spending

The Christmas Club Savings Account at Missouri Central Credit Union will help you avoid debt from holiday spending. It allows you to save in advance for all the special people in your life. When it’s time to get down to business, buy gifts, plan a holiday extravaganza and take the family out for a special dinner, the money is there!

Why Start Now? Because time is money!

The sooner you begin allocating money to the Christmas Club Savings Account, the longer you have to build your base. Plus, interest is paid quarterly on your average daily balance. The more you have in your account, the more interest you will earn.

How Do I Get Started?

It’s easy to get started! Stop by Missouri Central Credit Union and open an account with one of our friendly representatives. We can establish direct deposit amounts, which will keep you from having to add money manually. Simple and stress-free is the way we like it.

How Will I Access My Money?

If you are wondering how you will access your money if it is securely sitting in a Savings Account, we have the perfect answer. Each year in mid-October, the balance of your Christmas Club Savings Account is automatically transferred to your Primary Share Account. Once that happens, it’s time to go shopping!

Give Yourself the Gift of Saving

The Christmas Club Account is a way to buffer holiday spending. It’s a way for you to make the most of your holidays, stay on track and manage one of the most hectic times of the year.  It’s a gift you can give yourself to remove the financial pressure and splurge on the pretty bows. You deserve it!