Saving for Next Year’s Christmas Starts Now!
As you’re probably gearing up for shopping for this year’s Christmas it’s hard to think about planning ahead for next year already. But by opening a Christmas Club account now, you’ll have 10 months to save for next year’s holiday! Parents are predicted to spend $495 per child and an average of $1700 this holiday season. According to Forbes, 20% of consumers reflected that they actually spent more than they’d planned on their 2015 holiday purchases. The stress of buying gifts, decorations and food during the holiday season can be overwhelming if you don’t have a plan to pay for it all. A CNB Christmas Club account is a separate savings account that you can build up throughout the year. The funds automatically sweep into your CNB checking or savings account in October, just in time for holiday shopping. There’s no minimum to open and it’s easy to set up an automatic transfer through online banking or you can make a deposit in person any time at a CNB office.