As you stroll out to your car after a long day of work with nothing more than the thought of arriving home and kicking up your heels, you discover the driver side wheel completely flat. It appears as though the road construction you encountered planted a screw in the side wall causing you to need a new tire. Well, there’s $200 (or more) you didn’t expect to spend.

There are so many moments in life we are not prepared for financially – the blown car tire, the broken down furnace, the toilet tank that never filled which caused water to run all night that then showed up on your water bill – EEK! We can’t predict these things, or make them up, all we can do is what our grandparents taught us which is to save for a rainy day.

One of the simplest ways to do this is to set up an automatic payment from your checking account into your savings account on the days you get paid. For example, if you get paid weekly, put $7 into savings; if you get paid bi-weekly, put $15 into savings. This method works because you never see the money and you budget based on the balance you see in your checking account. You may surprise yourself with how quickly the money adds up and how much it motivates you to continue saving for that ever looming, rainy day.

Contact a Member Advisor at Affinity Plus to set up your Membership Savings Account so that you can begin automatic paycheck deductions into savings. We also have a Stash Your Cash program which rounds up your debit card purchases to the nearest dollar and the difference is automatically put into your designated savings account – if you spend $10.57, $0.43 is put into your savings account.

Build your rainy day fund today and be ready when unexpected expenses arise!