Christmas in July: Start Saving Now

In the midst of vacations, hot days at the pool, and planning for back to school, most people do not have Christmas on their mind. We know there is a lot going on right now, but the truth is that the holiday season will be here before we know it. There is one task you can do right now that will only take a little time, but it will be a huge help to you later on: set up a dedicated Christmas savings account.

Why set up a Christmas savings account at Bryant Bank?

Think for a minute about what life is like during the holidays. There is often so much fun stuff going on, but, then, there are also the tasks related to coming up with gift ideas, budgeting for those, and then actually doing the shopping.

It can be pretty stressful. Christmas can also be really expensive, especially if you have a large family. Planning and thinking ahead can save a lot of stress during the holiday season. When you aren’t so stressed out about how you will afford all of the additional expenses, you will be able to enjoy the time with family and friends more.

It’s all as simple as setting up a separate savings account and picking a plan, which is very easy to do at Bryant Bank. All you need to do is stop by your local Bryant Bank branch and meet with one of our Customer Service Specialists to get this done. Once the account is set up, you can use your online banking account to create one-time or recurring transfers. You can also set up auto-transfers to happen on payday, or you can develop a specific savings plan to help you meet your budget.

When you do this, there are a few big benefits. First, you have several months to put money back and increase that amount you have for holiday spending. Having a separate account for Christmas is also like having the money “out of sight, out of mind.” This way, once the money is in your Christmas savings account, you won’t be able to spend it on everyday expenses.

Having this account will be a huge tool in helping you track your goals and stick to your budget. Knowing exactly how much you have to spend will ensure that you don’t go too crazy when shopping time comes. There are so many reasons to have a dedicated savings account for Christmas spending, so open yours as soon as possible to see all the benefits.

Merry Christmas in July!

By Kristie Ray, Bryant Bank Branch Manager – Downtown Huntsville

Our Bankers in Alabama Would Love to Work With You!

At Bryant Bank, family is at that heart of what matters most.  And for us, Alabama is that family. Our vision is to see Alabamians experience a financially stable future and live in a thriving community.  To accomplish this, Bryant Bankers put care into action each day to help others invest in their full potential. We are proud to offer Personal, Business, and Mortgage Banking services.  Click here to locate your closest Bryant Bank to open an account with us today. Member FDIC. Equal Housing Lender. NMLS 582857.