Mutual Savings Credit Union

Fight ‘frugal fatigue’ with Mutual Savings Credit Union

Early reports from this year’s holiday shopping season show that many U.S. consumers are giving in to “frugal fatigue” and using their credit cards to purchase gifts. This article points out that shoppers are using their credit cards more to make purchases, which could be a sign that people are fed up with being frugal. There’s a better alternative from Mutual Savings Credit Union that will help you afford great gifts for friends and family while sticking to your budget: a Christmas Club account.

A Christmas Club account is a easy way to save money over a period of time. First, decide an amount of money that you want to be automatically transferred each month from your MSCU account into your Christmas Club. All of the funds will be transferred back to your MSCU account on November 1, 2013 – just in time to start the holiday shopping season! A Christmas Club not only helps you stay dedicated to your budget, it also helps prevents you from adding to your credit card debt during the holidays.

You can start your Christmas Club at any time but remember, the sooner you start, the more you save! Contact a Mutual Savings Credit Union representative today!

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