Introducing the Atlantic Credit Union Round-Up Challenge

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The start of a new year is the perfect time to decide you’regoing to stop spending money on stupid stuff. Or to declare you’re going tosave $5,000. Or to finally be able to pay off some of that lingering debt. Orget your retirement savings underway. But unless you’re willing to make somechanges to your financial habits—or win the lottery—it’s going to be hard tomake any of those financial dreams come true. 

Sure, change is hard. But saving it doesn’t have to be. And that’sexactly the point—you don’t need to save stacks and stacks, all it takes is alittle bit to get you started that will lead to bigger things over time. 

That’s why we’re kicking off a fun and informal challenge tohelp you get your finances in order—or at least see how your pocket change canlead to a bigger change over time. We’re calling it the Round-Up Challenge, andit’s easy, free, and fun to take part in!

Here’s how it works:

·     For the month of January, every time you spendmoney on something, round your purchase up to the next dollar.

·        Then, take that extra money and put it aside. Forexample: if you spend $4.50 on lunch, round it up to $5 and put the extra $0.50aside.

·        Now repeat for every single purchase you make forthe whole month.

·        At the end, take what you’ve saved and invest itin your TFSA, RRSP, or other long-term savings plan to help reach yourfinancial goals.


Sounds easy, right? There’s lots of ways to up your game:

·        Round-up to the nearest dollar and then add $1or $5 (or more).

·        At the end of the month, take what you’ve savedand double it.

·        Why stop on January 31? Keep it going for aslong as you can!


And because doing stuff like this is always easier with abuddy, we’ve challenged four willing volunteers—Casey, Zach, Amanda, andBrandon—to get in on the fun and report in on how they’re doing. We encourageyou to join in the fun too! Tag us on social media using the hashtag #CURoundUpto let us know how you’re doing.

And if you’re just looking for a bit of advice with how toget started, what to do with all that money you’re going to save, or long-termsavings advice in general, talk to your local credit union.