FINANCIAL TIPS FOR A

Successful Summer

As the warmth of summer approaches, so do dreams of relaxing beach getaways, thrilling adventures, and new and exciting experiences. Turning these dreams into reality requires careful planning and smart financial management. Read on for helpful tips on how to make your summer unforgettable.


Set a Clear Goal: Determine your vacation destination, duration, and budget. Setting clear goals will help you estimate the costs and create a savings plan tailored to your needs. Once you have a budget in place, consider automating your savings by setting up automatic transfers to a dedicated vacation savings account. This ensures consistent progress towards your goal without the temptation to spend the money elsewhere.


Reduce Discretionary Spending: In addition to automated savings, look for opportunities to cut back on expenses and increase your income. This might involve reducing discretionary spending, finding ways to earn extra money, or taking advantage of deals and discounts on travel-related expenses.


Track Your Progress: Stay motivated by visualizing your dream vacation and celebrating milestones along the way, whether it's reaching a savings target or booking a key component of your trip. With careful planning and determination, you can save for your summer vacation and make cherished memories that will last a lifetime.

CREDIT UNION

Travel Reminder


Hit your summer savings goal and now its time to hit the road? Be sure to notfiy the Credit Union of your travel plans, especially if you are traveling out of the country. We can make sure your summer vacation spending is hassle free.

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4.55% APY

FOR 12 MONTHS

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MEET

Thomas Cole


Thomas Cole has been a Nordstrom FCU member since 1998. He joined while working in several positions at Nordstrom including at the Rack, Full Line stores and Corporate. Thomas joined the Board in 2018, and even though he has since left employment at Nordstrom, he continues to serve in his role on the Board as Treasurer. Outside of work and volunteering, Thomas loves to travel and spend time with family and friends.

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*APY= Annual Percentage Yield. Rates effective May 15, 2024. Must establish membership with Nordstrom FCU to open a certificate of deposit. Early withdrawal penalties may apply. Fees may reduce earnings. $1,000 minimum to open. After the initial term of 6, 9 or 12 months, certificates will be renewed at 6, 9 or 12 months with the regular rate in effect at the that time. Rates and terms are subject to change without notice. Federally insured by NCUA.