Holiday Ways to Save!
You’ve earned it, now use your Go365 Bucks to pay for Christmas presents for your loved ones or for yourself. Redeem your bucks at Go365.com or through the Go365 mobile app. Just login, click on Shop and start spending. Choose from Amazon Gift Cards, Athletic Apparel, Apple products and so much more!
You are a shining star! Trilogy Stars Earning Program is a great program to help pay for some gifts for all your friends and family. Share your outstanding excellence in the form of laptops, bicycles, vacations and more. Login to TrilogyU and go to My Benefits & Perks and scroll down and select STARS and go shopping!
Purchasing Power: Eligible employees can purchase computers, electronics, exercise equipment, education and household goods…even handbags through payroll deduction and with no credit check. First time users receive an additional 15% off their first purchase. Shop your favorite brands, fixed payments via payroll deduction and no hidden fees.
Shop your favorite brands with Purchasing Power's installment plans. Pay later, no credit check. No hidden fees. Choose from electronics, smart phones, home appliances, furniture and more!
Trilogy Perk: Search for local and national discounts, cash-back comparison shopping, hotels, restaurants, movies, theme parks and much more. Log in, or register by using code TrilogyPerks411. Now through December 20, click on “Christmas Savings” to reveal additional holiday discounts!
Budgeting: 50/15/5 Guide
50% essential expenses — this includes the roof over your head, your car, your food, health care, child care, student loans, and other minimum debt payments.
Tips for reaching the 50% target:
- Shop around for the best possible utility rates
- Have a game plan when you go to the grocery store to avoid impulse purchases
- Take public transportation to work to cut back on gas
15% Retirement — Fidelity recommends putting 15% of your paycheck (before taxes) aside for the future. Tips for reaching the 15% target: meet your employer match first (you don’t want to leave “free” money on the table). Increase your contribution by 1% each year.
5% of your paycheck goes to Short-Term Savings
First: Build an emergency fund that covers 3-6 months of necessary living expenses in case something unexpected happens like your car breaks down, or you have a medical emergency
Next: Plan for other one-time expenses. (i.e. being asked to be in a wedding, accidentally put your phone through the laundry.)
Tips for reaching the 5% target:
- Resist the temptation to fund these types of expenses with credit cards, which could get you into trouble
- Think about putting your emergency fund into a separate account so you’re not tempted to touch it.
- If you already have an emergency fund, and haven’t had any unplanned expenses this year, you can always redirect the money to retirement savings.
- Save for an emergency—consider saving enough to cover 3 to 6 months of expenses
- Consider a health savings account if you’re eligible, and contribute to your workplace retirement plan
- Pay down debts with the highest interest rate first.
Make sure to pay at least the minimum required—and on time—to keep all loans in good status.
Defaulting on credit cards, car loans, student debt, or home mortgages can destroy your credit rating, and risk bankruptcy.