Ok, YOLO. But Don't Forget To PYF!

You Only Live Once just might be the battle cry of a generation, but if you are living and trying to make it in the real world, you are growing your life skills, working hard, planning ahead, working hard, paying bills, working, and did I mention working hard?

No doubt you want to see the benefit of all your efforts transpire quickly, but building a strong financial foundation is not a fly-by-the-seat-of-your-pants kind of thing. By planning your future and saving your money, the chances of you succeeding financially in the long run will be much greater.

Step 1 in learning how to achieve your financial potential is to understand the concept of money.  Do your research!  Palmetto Citizens Federal Credit Union believes being an informed consumer and investor is essential to making your money work for you. 

Here at Palmetto Citizens you will find an array of educational resources, tools and calculators to help you make wise financial decisions.

Steps 2, 3 and 4 to financial success are SAVE, SAVE and SAVE. You have to keep more of what you earn.  And one of the best ways to do this is to PYF - Pay Yourself First.  

Actually this is a golden rule of personal finance that basically means – every time you get a pay check, the first cut from it goes to you. You can pay others later, first you should pay yourself. 

PYF Tips

• Set up a separate savings account and deposit funds into it first every time you receive your pay.

• Make it easy on yourself. Automate the process.  Most employers can automatically deposit your pay into one or more accounts you designate. This ensures that every month you save money without fail! 
• Remember, Palmetto Citizens offers members many great ways to save and valuable solutions to help you maximize your PYF plan.

Call us at (803) 732-5000 or visit any one of our 12 convenient Member Services Centers today.  And visit us at www.palmettocitizens.org to explore all the ways we can help you make all your hard work pay off.