How to Save More Every Month

Saving money can be an exciting and empowering step on your journey to financial well-being. By making small changes to your spending habits, you’ll build smart habits that will help you grow your savings and reach your financial goals. Here’s how to get started.

Track Your Spending

Knowing where your money goes is the first step to saving more of it. Use Online Banking or the Mobile Banking app to review your expenses and identify areas where you can cut back, then make small adjustments to your daily habits. You’ll see big savings over time.

Set Realistic, Measurable Goals

Once you’ve got a clear picture of your monthly budget, set goals that will keep you focused and motivated. Whether you’re saving for an emergency fund or a vacation, defining your savings goal with a clear amount and deadline will make it easier to track your progress and celebrate milestones along the way.

Make Everyday Spending Work for You

Loyalty programs and cash back rewards can stretch your budget further. Look for ways to make the most of your everyday spending, like Save the Change™ or a Rogue Visa® credit card. When you sign up Save the Change™, we’ll round up your purchases and deposit the extra change into your high-yield Ownership Account. And with a Rogue Visa® credit card, you’ll receive 1% cash back* on your purchases. Choose the best option for your spending needs or combine the two to maximize your savings!

Limit Distractions That Lead to Spending

While notifications can be useful when tracking deals for specific needs, they also encourage impulse purchases that take away from your savings goals. Turning off unnecessary alerts on your phone can cut down on advertiser noise and reduce the temptation to spend. Don’t be afraid to unsubscribe from emails that promote unnecessary shopping, too. You’ll save space in your inbox and your budget!

Set Up Automatic Transfers to Your Savings Account

Treat your savings like a monthly bill, paid to your future self. Setting up automatic transfers from your paycheck to your savings account will grow your balance the easy way.

Make Your Savings Less Accessible

Impulse spending can chip away at your savings, making it harder to reach your financial goals. By “hiding” your savings account in Online and Mobile Banking, you’ll be less likely to dip into it for unnecessary purchases.

Explore High-Yield Savings Accounts

The more interest your money earns, the faster it grows. If you have an emergency fund or similar savings, deposit it in a high-yield savings account to maximize your earning potential. Consider a Money Market account, which uses a competitive interest rate and flexible account access to make your money work for you.

Reach Out to Your Team

If you have questions, we’re here to help. Send us a chat, call 800.856.7328 or visit your local branch for personalized advice and support along every step of your journey to financial well-being.