With the start of a new year, people across the United States are choosing their New Year’s Resolutions for 2022. You know, those things that you say you’re going to do on January 1 and quit doing by January 31. There’s no shame. We’ve all been there.
One of the biggest New Year’s Resolutions every year for Americans is saving money. This task is definitely easier said than done. Unexpected bills may come in or a big sale on your favorite jeans makes you fall off the wagon on saving money, and then it’s hard to climb back on. The truth is you won’t perfect your saving money skills the first time you try. It takes discipline to build your savings and stick to a budget, but Dieterich Bank has a few ways they help!
One option is depositing a set amount of money into your savings account. If you have a checking and a savings account at Dieterich Bank, you can set up an auto-transfer to automatically transfer money from a checking account to a savings account weekly, bi-weekly, monthly, etc. By doing this, a set dollar amount will be deposited into your savings account automatically as often as you’d like, and you won’t have to remember to do it.
Similar to automatically depositing money into your savings account, you can also open a Christmas Club account at Dieterich Bank. This is an interest earning account that Dieterich Bank offers to all customers over the age of 16, that helps customers save money throughout the year. Before Christmas each year, Dieterich Bank will mail you or direct deposit a check for the amount that you have saved in your Christmas Club with the interest that it has accumulated. This account works great if you set up an automatic transfer from a paycheck or checking account and is extremely helpful for saving money for Christmas expenses!
We also offer Green Cents, a product that rounds up every debit card purchase and drops the money into a savings account. For example, if you make a purchase for $1.50 with your debit card, Dieterich Bank will round up that purchase to $2.00 and drop the extra $0.50 into your savings account. Over time, the change ads up and you saved money without even trying! You can even pair this with a Christmas Club account for an extra payout at the end of the year!
If saving money wasn’t a challenge, it wouldn’t be such a popular New Year’s Resolution for people to try and achieve. Hopefully with these options at Dieterich Bank, this year will be the year that your New Year’s Resolution lasts longer than January 31!
Visit a branch today to open a Christmas Club Account, set up Green Cents, or begin an automatic transfer.