Tax Returns & Budgets


Are you excited for your tax return to help you out of a case of overspending?  The beginning of the year may have passed by already but it’s never too late to get a better handle on your spending habits.

Seasonal changes often times call for a wardrobe change and/or update.  Susquehanna Style magazine gives us a great Cost-Per-Wear (CPW) formula that can help in your decision of want vs. need. To get your CPW take the price of the item and divide it by the number of times you could wear the item.

There are also many ways to save at Members 1st! Consider getting a credit card that pays you when you use it such as our a cash back rewards Visa® Credit Card. To save for special times of the year, consider opening a holiday clubvacation club or evening opening a separate account you designate strictly for savings or emergencies such as car repairs, home repairs, and similar situations.

Here are some more ways to save;

  • Pay yourself first – even if it’s only $10 a week!
  • Calculate purchases by hours worked instead of cost.  Is that item worth the hours you have to work to pay for it?
  • Aim for short-term savings goals. It’s easier to save when the goal stays in sight!
  • Designate one day a week as a “no spend day.” Prepare food at home and plan a free family night of games, movies or time at the park.
  • Commit to eating out one fewer time each month.
  • Pack your lunch!
  • Cut laundry detergent and dryer sheet use in half. You can get the same results for the half the price!
  • Weatherproof your home.
  • Invest in car maintenance.  Properly inflated tires and tuned engine can save you up to $100 in a year!

Stop into one of our Members 1st FCU branch locations or reach out to us on social media for more tips on saving!

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