July is here, signifying we’re half way through the year and summer 2021 is well and truly underway. While many of us are still frantically trying to plan the get-a-way we’ve been craving for the last 15243932 months, not many of us would’ve had a single thought for Christmas 2021.

We know that planning for Christmas this early can seem like a great big unnecessary financial headache but just think how smug you will feel once November is here. Let’s not forget “time flies when you’re having fun” in the sun…

If you don’t know where to start with this festive financial plan, opening a Christmas club account with Pennine Community Credit Union isn’t a bad idea. This account was created specifically to help our account holders that struggle to save for this famously expensive period, ensuring account holders could save throughout the year with cash withdrawals limited to November and December. This means that your Christmas savings really are spent on your festivities and not an unexpected bill or an ‘emergency’ takeaway.

We’re super happy to see that our Christmas club is already totaling over £150k from local account holders, over £50k of that being from Family Loan & Saving Scheme account holders alone.

This just goes to show that making either spontaneous or regular deposits can really rack up a healthy savings pot. One that you can dive in to head first when the festive season approaches, guilt free and with no financial money worries about how you are going to get through another January living off baked beans.

So before the baked bean dread occurs. Why not start thinking about your usual Christmas costs? Is it 300…400… 500 pounds or maybe it’s even more?

Whatever it is, it’s worth factoring in these costs to your weekly or monthly budget now before it’s too late.

Saving £1.75 a day means you would have a healthy sum of £300 by Christmas Day

Saving £2.33 a day means you would have a healthy sum of £400 by Christmas Day

Saving £2.91 a day means you would have a healthy sum of £500 by Christmas Day

Figures correct from 05.07.21

The clock is ticking… open a Christmas club account today and join thousands of local people already saving for a Christmas of all Christmas’