As we fully enter springtime in Ohio, it invites a time to reflect and plan for the warmer days ahead. It’s also the perfect time for a seasonal budget refresh. This type of refresh is aimed to help cut costs, reduce stress, and potentially make room for new goals. Here are seven simple, actionable tips to refresh your budget this spring:
Revisit your spending plan
Take a look at your current income and expenses. Are there subscriptions you’re not using? Can you cut back on takeout or streaming services? Review your spending plan/budget to search for any areas where you can potentially keep more of the money you’re making to help you start focusing on saving!
Set a spring savings goal
Whether it’s for summer travel, home upgrades, or building your emergency fund, set a goal that excites you. Having a clear reason to save makes it much easier to stay on track.
Open an interest-earning savings account
Put any extra money to work by opening an interest-earning savings account. At Credit Union of Ohio, we offer competitive rates to help your money grow faster. Even small deposits can add up over time! Check out some of our best interest-earning options and easily open your account online!
Review and refinance loans
Spring is a great time to review your existing loans. Could you lower your monthly payments by refinancing your auto loan or consolidating debt? Our team is here to help you explore smarter options that fit your goals. Contact us to get started!
Take advantage of your member benefits
From applying for our member scholarship opportunity to attending a free financial education workshop to help improve your financial situation, there are several ways you can learn to save through being a Credit Union of Ohio member.
Attend free events to save on entertainment
Search for free event calendar listings to find a list of free or inexpensive events happening near you. Check out these listings for example:
Go paperless and get digital
Cut the clutter when you sign up for eStatements and the mobile banking app. You’ll not only stay more organized but be able to keep a closer eye on your spending and accounts 24-7.
Ready to start saving more? Visit cuofohio.org to explore our current savings options, special offers, and helpful tools to make life more affordable.
Credit Union of Ohio deposits are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
Additional Insurance of up to $250,000 on Credit Union of Ohio deposit accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.