What Is the Best Checking Account to Help You Reduce Holiday Spending?
The Christmas season is upon us, and holiday shopping is in full swing. With so many people on your holiday gift list, it is easy to overspend during this time. Before you hit the mall, consider researching the best checking account options for your needs, then put a few tips into practice to help you stay on track financially.
Open a Checking Account
Can a checking account really help you curb your spending? When you choose one that keeps you informed, it absolutely can. At CCCU, all of our checking accounts include two important features to help keep you on track: online banking and mobile banking. Rather than doing all of your shopping and reconciling your accounts when the statement arrives at the end of the month, you can check in as often as you’d like to see how much you've spent and how much you have left. Not only will a daily check-in keep you firmly rooted in reality, but you'll also avoid embarrassing overdraft situations.
Avoid Using Credit
Credit can be a great way to get out of a sticky situation when you don't have enough cash, but it can be dangerous to use it for holiday spending. For one thing, your friends and family don't want you to go into debt just to give them the "perfect" gift. When you stick to cash, you can't spend what you don't have, so you don't have to worry about clearing up any debt in January.
Santa isn't the only one who should make a list and check it twice. When you think about who you would like to shop for and how much you would like to spend ahead of time, it can be easy to stick to a budget and not go overboard. If you find your cash isn't going as far as you've hoped, don't forget about cost-saving gifts, such as homemade baked goods, decorations or coupons for your time, such as babysitting, dog walking and housekeeping.
Get the Best Checking Account to Suit Your Financial Needs
The holiday season should be about spending time with those you love and doing things that make everyone cheerful – not about flashy gifts and a heavy burden of debt. Contact Clark County Credit Union at 702-228-2228 to learn more about our financial resources and discuss which is the best checking account for you.