Financial Literacy provided by
New Mexico Educators Federal Credit Union

 

Savings and Investing

When it comes to saving successfully, there are two basic rules to live by:

  • Pay yourself first.
    Treat your savings account like another bill that you have to pay. No if's, and's, or but's — make it a priority to make regular deposits to your savings account.
  • Spend LESS than you make.
    This way you will always have something left over from every check.

Now that those ground rules are established, let’s delve into the various aspects of a successful savings program. Learn about the types of savings you can have, how to set goals, and the advantages of direct deposit. Then test drive our savings calculators to see how easy it is to achieve your financial dreams.

Setting Goals

Savings 101

Types of Savings

The Advantages of Direct Deposit

Calculators

Investments