Join the 2019 First Source 52-Week Savings Challenge
Catch up now to meet your savings goals
We’re helping Members become financially smarter with our #52WeekSavingsChallenge. Since the challenge starts out small, it’s not too late to join in and see how much you can save and earn.
How do you join in?
Set a Goal - Create your own personal goal to save towards. Maybe a car, vacation, emergency fund, or for investing.
Make a Plan - Make a plan that works for you.
Example: Start with $1/week and increase the deposit amount by $1 each week as you go. So you’d save $1 in week 1, $2 in week 2, $3 in week 3, and so on for the entire year. You’d be depositing $52 the last week of the year, and you will have saved a total of $1,378!
Easy Way to Catch Up - If you’re getting started a little late, simply deposit the total you would have if you started in the first week of the year. For example, if your plan was to start with $1 and increase your deposit by a dollar each week, then joining at the end of January (4 weeks) would mean $1 + $2 + $3 + $4 = $10. Deposit your $10, and you’re all caught up. Then be ready to deposit $5 the following week, and continue the rest of the year.
The amounts are merely a suggestion. You should save an amount that is comfortable for you. If this seems too easy, try doubling the amount each week. If it seems like too much, choose a smaller weekly amount.
Set Up an Account - Set up a special "52-Week Savings Challenge" account. Having a separate account helps you see how much you have saved at any point, and keeps you from being tempted to spend it sooner.
If you’re already a Member, you can open a new special purpose share right through memberONLINE. If you’re not yet a First Source Member, make an appointment.
Make it Easy - Starting this week, set yourself a reminder each week to make your deposit, and use your mobile app to transfer funds right into your designated account. Our goal is to encourage you to save, wherever you choose.
Check in With Us - Let us know how you’re doing. We may feature your story.
Not a Member?
Live Smarter by making an appointment to join.
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