Strategies for Your Budget, Debt, and Savings Goals
Summer is here, and it’s a great time for a fresh start with your money. At Central Willamette Credit Union, we want to help you save more and reach your financial goals.
How to Start Fresh for the Summer:
Better Savings Rates: Central Willamette has many savings options that are designed for you to get the most from your money. Consider a Choice Money Market or Money Market Plus account, both featuring tiered interest rates so you can pick the account that’s the best fit for you.
Build a Better Budget: Now is a great time to review your spending habits. Take a look at your bank and credit card statements from the past couple of months and see where you are spending the most. Chances are, you’ll find a few spots that you can cut back. Spending less frees up more for savings!
Clear Out Debt: Tackling high-interest debt can free up a significant amount of money. According to TransUnion, the average credit card balance per American as of February 2025 was $6,455. By using the snowball method, you can pay off your credit card balances quickly and live a debt-free life sooner, which frees up money for the future.
Grow Your Financial Knowledge: Did you know that Central Willamette provides a FREE financial education resource? We offer tons of free topics that you can explore again and again to level up your financial knowledge. With totally free online courses, there’s no reason not to invest in yourself.
This summer, let Central Willamette be your partner in growing your financial well-being. Schedule an appointment at a branch, give us a call at 541-928-4536, or visit us online. We’re here to help!