Simple Steps to Take to Save Money During a Crisis | Cleveland Bradley County Teachers Federal Credit Union

We are all definitely going through something we have never gone through before in life. As we enter a season of the unknown, it is important to focus on the things we can control rather than the things we cannot at this time.

As a result, our team at Cleveland Bradley County Teachers Federal Credit Union wants to share some practical ways you can save more money during this time so that you can be better prepared for what could possibly happen in the future.

Ways to Save

Let’s take a look at some ways you can save money during this time of crisis so that you can set yourself up better for the future:

First, you want to start collecting those coins you always find around the house and/or in your car. While it might be 10 cents here and 25 cents there, change can quickly add up to a decent amount of money, which could possibly help to cover a bill or two over the next month or so.

Second, you also want to wait 24 hours before making an unnecessary purchases. While you do need to ensure your monthly bills are paid and you have groceries in your house, you really want to make sure you are not spending too carelessly, as the shirt you see on a Facebook sale or the Rae Dunn set you see a friend selling online might not be the best way to spend your money right now, even though online shopping is tempting.

Therefore, if you see something you like, wait 24 hours before actually making the purchase to ensure it is something you really need and not something you are just buying on a whim. Waiting this long will also help you to prevent buyer’s remorse.

Finally, consider ways you can help to save on your monthly bills. For instance, now that the weather is warming up, keep your blinds and curtains closed in order to keep your house cooler, which will help your air conditioner to not work so hard and raise your electric bill during the warmer months.

During this time, the lobbies of the Cleveland Bradley County Teachers Federal Credit Union are temporarily closed. However, our drive-thru is open during regular hours in order to safely serve our customers.