It’s time to make saving a regular habit, like your morning coffee
Submitted. New Year, new you? For most of us resolutions are focused around eating better, exercising more and getting our money under control. Looking up healthy recipes on Pinterest or a new gym membership are easy, but where do you even begin with finances?
A recent SurveyMonkey report shows that millennials in particular are dishing out more money for their morning caffeine kick than they’re putting into a savings plan of any kind—much less a retirement savings plan. And while retirement may seem like it’s a long way off, starting to save a little bit every week now can really add up over time.
RSP season is a great time to get a little help with your savings goals and establish new habits that will set you up for financial success. Just like buying your morning coffee is easy and habitual, your savings plan can be just as easy with a regular deposit program.
Prospera is a local BC credit union that offers free financial planning to all of its members, no matter what their net worth or financial situation. By offering simple, practical advice, they’re hoping to get the message out that saving doesn’t have to be complicated.
Did you know?
The value of getting advice increases over time and people who work with an advisor for 15 years accumulate 2.7 times more in savings than those who don’t get advice.
Prospera has 16 branches throughout BC. You can contact them at 1-888-440-4480 or visit a branch near you.
About Prospera Credit Union
Building on more than 70 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. As a member-owned financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all of their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and an alternative channel that includes a locally-based Contact Centre and Broker Centre. As a member of The Exchange network, members also enjoy access to thousands of surcharge free ATMs across Canada (that’s right, no ATM fees). Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more, check out Prospera’s Facebook page or visit www.dontjustbankprosper.ca.