Earn More, Spend Smarter: How to Make the Most of Your Money During the Holidays

The holiday season is synonymous with cheer, celebration, and unfortunately for many, considerable spending. From gifts to gatherings, the expenses can mount up quickly. But what if you could navigate this festive time not only by spending wisely but also by growing your savings? Here’s how you can make the most of your money during the holidays with smart strategies like utilizing Las Colinas FCU's Premier Checking Account, Skip a Pay program, and investing in the Freedom Certificate.

1. Optimize Your Cash Flow with Skip a Pay

The holidays shouldn't have to mean stress about your next loan payment. With Las Colinas FCU’s Skip a Pay program, you can defer a monthly loan payment without impacting your credit score. This can free up some much-needed cash for those holiday expenses. Instead of reaching for high-interest credit options, use Skip a Pay to keep your financial health intact and enjoy the season without the burden of additional debt.

Benefits:

  • Redirect funds towards holiday shopping or unexpected year-end expenses.

  • Manage cash flow without dipping into savings or emergency funds.

  • Enjoy the festivities without the financial hangover in January.

2. Earn While You Spend with Premier Checking

Why not earn money while handling your holiday expenses? By using the Las Colinas FCU Premier Checking Account, you can earn an impressive 7% APY on balances up to $25,000, simply by making at least 15 debit card purchases a month. Whether you're buying gifts, stocking up on holiday meals, or even paying your bills, every transaction can help your money grow.

Benefits:

  • High returns on your checking account balance, maximizing your earnings effortlessly.

  • Easy fulfillment of transaction requirements with holiday shopping and regular expenses.

  • No monthly service fees, keeping more money in your pocket.

3. Invest Any Extra Cash in a Freedom Certificate

If you find yourself with some extra cash—from holiday bonuses, gifts, or wise budgeting—consider putting it into a Freedom Certificate. Unlike traditional CDs, the Freedom Certificate offers flexibility with competitive interest rates, allowing you to earn more from your savings without locking it away for a long time. It’s a smart way to grow your holiday bonus or gift money.

Benefits:

  • Higher interest rates compared to regular savings accounts.

  • Opportunity to grow short-term savings substantially.

  • Flexibility to access funds without severe penalties, should you need the money unexpectedly.

Wrappiong it Up

The holiday season is a great time to reassess your financial strategies and utilize products that not only mitigate spending impacts but also enhance your financial growth. By opting for solutions like Skip a Pay, investing in a Premier Checking Account, and using any extra cash wisely through the Freedom Certificate, you can enjoy the holidays to the fullest while ensuring your financial health is not only maintained but improved. This year, make smart choices that allow you to Earn More and Spend Smarter!

Kevin Scott