JOIN LOCATIONS CAREERS CONTACT ESPAÑOL SEARCH ONLINE BANKING Open Mobile Menu Saving for a Special Occasion WITH A LITTLE WILLPOWER, YOU CAN MAKE ANYTHING HAPPEN Is there a special occasion coming up in your life? Maybe it’s a big vacation, a wedding, a graduation or a family reunion. No matter what special occasion you want to save for, there are several ways you can meet your goal. One way is to create a special purpose savings account that’s separate from your regular savings account. Another is to use a certificate to help you save money and earn interest for a specific period of time. 3 Tips for Successful Saving Set a goal. Be specific about what you’re saving for and how much you want to save. Use a visual reminder. Need a reminder to save? Tape up a picture of that dream vacation or purchase. Make saving a reward, not a punishment. Make deposits when you want to celebrate something instead of splurging on other things. Find More Room in Your Budget One way to find more room in your budget is to ask yourself whether a short-term purchase (like going out to dinner with friends or buying a new watch) means as much to you as the special occasion you’re planning for. If the special occasion is your priority, transfer the amount you were thinking about spending to a savings account earmarked for that event. You could also consider using rewards from a rewards credit card (if you have one) to help cover some of the costs – whether that means using travel points or taking a cash back option. Just be careful: some rewards cards charge higher rates if you don’t pay your balance in full each month, and you’d rather be spending those extra dollars on your special event than on interest charges. Calculators Savings Interest Estimate how much money you’ll have in your savings account in the future. Save toward a goal Determine what you’ll need to save each month to reach your next big purchase. Savings Budget Find out how much you can put away based on your monthly income and spending. Certificate/CD Calculator See what a term-share certificate/CD investment could be worth. Retirement Savings See how long your retirement savings will last based on your savings and inflation. Retirement Income Determine what your monthly retirement income will be. Roth vs. Traditional IRA Compare the difference in savings over time with a Roth and Traditional IRA. Videos You May Also Want to Consider Saving for Goals You’ve got this! Saving doesn’t have to be stressful Learn More Savings Accounts Earn more, save more, and do more Learn More Certificates Guaranteed earnings when you save for a set period of time Learn More Budgeting & Saving Learn how you can take control of your money each month Learn More Loans We’re here to put your dreams and goals within reach Learn More Money Makeover Free guidance on how to pay less and save more Learn More Routing Number: 273974581 800-373-7600 P.O. Box 179 Dubuque, IA 52004-0179 Dupaco Community Credit Union © 2021 facebook twitter youtube instagram pinterest linkedin Privacy Policy | All Disclosures | Do Not Sell My Personal Information