How we could help with your financial well-being…
Well-being consists of physical, mental, emotional and social factors. “42% of people in the UK have experienced stress or anxiety due to financial difficulties” (Money Net). It has been found that financial difficulties can have a negative effect on well-being. Here at No1 CopperPot Credit Union, we encourage our members to save regularly in order to improve their financial stability, in the hope they won’t experience financial stress.
You can read more about this here: www.moneynet.co.uk/personal-finance-news/financial-troubles-cause-stress-for-over-40-of-the-uk/
Rainy day savings can help fund an unexpected bill or cost that may arise (such as the need for a new boiler), rather than turning to a high interest credit card or loan. It’s also a great way to ease the stress of funding events such as Christmas!
With our Member Account, simply save a minimum of £5 a month via payroll deduction (available in 27 forces). The Member Account is an easy access savings account that could earn a dividend every year! In December 2018, we paid our members 1.5%.
If you’re not a member already, click here to start saving today!