As the year winds down, it’s the perfect time to take stock of your finances and set yourself up for success in the new year. At Lisle Savings Bank, we’re here to help you achieve your financial goals with personalized support and a range of banking tools. Follow this year-end checklist to make the most of our services and start the new year on solid financial footing!
Review Your Spending
Start by reviewing your spending from the past year. Tracking your financial habits is easier than ever with digital banking services. Online and Mobile Banking allows you to monitor transactions and ensure you’re staying on track. To make things even easier, set up account alerts to keep your finances in check.
Grow Your Savings with Smart Solutions
Evaluate your savings to ensure they align with your financial goals. Automatic transfer features make it simple to automate savings between accounts. Whether you’re building an emergency fund, saving for retirement, or planning for a big purchase, Savings Accounts and Certificates of Deposit (CDs) can help you grow your savings.
Simplify Your Payments with Digital Tools
Simplify your bill payments as you head into the new year with our digital bill pay services. Schedule one-time or recurring payments directly through online banking and manage all your bills in one secure place through Online and Mobile Banking. This will help you stay organized and avoid missed payments. Additionally, prepare for tax season by accessing and downloading your account statements through Online Banking. Account statements are available in Online Banking for 12 months. Ensure that any refunds are set up for direct deposit into your Checking Account for quick and secure access.
Enhance Account Security
Security is a critical aspect of managing your finances! Using multi-factor authentication on online accounts for banking, shopping, and more adds an extra layer of security. In addition, choosing unique, complex passwords for your banking accounts that combine upper- and lowercase letters, numbers, and special characters ensures they can’t be easily guessed. Avoid reusing passwords across multiple platforms and update them regularly to reduce your risk of cyber threats. Finally, be vigilant about potential scams and phishing attempts. Your financial institution will never request sensitive information, like passwords or PINs, via email or phone. If you receive a suspicious message, report it to Lisle Savings Bank or any other relevant provider immediately.
Set Financial Goals for 2025
As you prepare for 2025, take the time to set clear, actionable financial goals that align with your priorities. Whether you’re aiming to pay down debt, save for a major purchase, or plan for long-term goals like retirement, breaking these objectives into manageable steps can make them more achievable. Start by prioritizing what’s most important to you and creating a realistic timeline and budget. Take full advantage of online tools and resources, from budgeting tips to financial calculators, to help you stay on track.
With Lisle Savings Bank by your side, you can start the new year with confidence and a clear financial plan. Let us help you prepare for a prosperous and successful 2025!