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April 2019  
April 2019

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Easily Send & Receive Money from Friends & Family with Popmoney!
Another great service at HCU!


As a Holyoke Credit Union member, you have access to Popmoney, which allows you to quickly send and receive money from anyone whose name and email address you have. If you’re interested in taking advantage of this service to simply and securely send and receive money, click here for the steps to get started.
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7 Ways to a Successful Savings Plan +1
It's never too late!

Charis Brown from Clark.com wrote that there are 7 way to a successful savings plan.  I would add one more:  Start NOW!

    1. Have a goal.

It is important to have a reason for savings whether it is for a trip you have planned, retirement, a rainy day or for an emergency.  Ms. Brown suggests writing it down and putting it someplace where you will see it often.

    2.  Know where you stand.

Take a close look at where you spend your money.  Write down all your expenditures, even the smallest.  They all add up! 

Then determine where you can make cuts.  Unnecessary items are the first to go.  Take the money you will save and put it in a savings account.

Set up a budget, if you don’t already have one. 

    3.  Create a plan.

Remember to Pay Yourself First! 

  • Start by saving a dime for every dollar you make (10%).You probably will never miss it.

  • Use automated savings.  There are many accounts to choose from.

  • Have realistic goals.

    4.  Monitor your spending

Online banking and various apps help you keep track of your spending.

    5.  Refine your spending habits

Keep a close eye on your credit card usage.  It’s easier to spend money when you are using plastic.  Consider cutting back on your credit and debit card use. 

    6.  Bounce back & quickly learn from mistakes.

    7.  Leave room for fun & rewards.

Build some fun into your budget and reward yourself when you reach your goal.  But…don’t go overboard!

    8.  Start NOW!

The sooner the better!  Especially if you are saving for retirement.  It may seem like you have all the time in the world but time flies and before you know it you will be looking at retirement.  Make sure you have a plan in place so you can retire comfortably. 







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