Each month an MCU member will win cash just for saving money in their What Are You Saving For? Account. For every $25 in average daily balance you have in your WAYSF Account, you will receive one chance to win either $100 or $1 multiplied by the number of accounts opened during that month. You can keep track of how many accounts have been opened with the WAYSFMeter at memcu.com.
April was a stellar first month for What Are You Saving For?. There were 137 WAYSF accounts opened, however, there could only be one winner. Tommy Madron from Lenoir was the first WAYSF monthly cash prizewinner of $137! He was kind enough to give us an interview so we could learn more about our first WAYSF winner. Here is what we found out.
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Savings Goal: Retirement.
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Secret to Saving: “Tuck it away before you spend it, and you won’t miss it.”
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Favorite Aspect of WAYSF: Double dividends.
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Next Savings Goal: Car with good gas mileage.
Thanks for those words of wisdom Tommy. The next WAYSF drawing will be on June 2nd. To find out what the total cash prize is up to, check out the WAYSFMeter on the front page of memcu.com.
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This blog asks a simple question: "What are you saving for?" Its goal is to help people set savings goals, develop a disciplined and/or systematic savings habit, and build a corresponding community of like-minded people as a support network. By laughing, crying, and discussing how we each approach this topic together, we should find it much easier to save together. So what are you saving for?
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