New Gear for a New Year

Haven't you been shuffling on old, cracked skis for too long? It's about time for an upgrade. With a Holiday Helper Loan from RMCU, you afford a smoother ride without having to pay out-of-pocket all at once. Get a loan of $1,000, $2,000, or $3,000 for as low as 7.99% APR (OAC) just in time for snow season. Make your winter merrier with this holiday gift from your local credit union




Everyone Loves the Holidays

The end of the year is a time to enjoy baking cookies, sitting by a fire with your family and watching the people you love light up as they open their gifts. We know that all of the things you want to do for you and your family can put a lot of pressure on your budget. From special meals to gifts for family and friends, there are always additional expenses around the holidays to manage.

While we often focus on the high points of this joyous time of year, the end of the year can bring together the stressful demands of work, time management, finances, and shopping. Before the holiday season begins, it's best to do some planning and find ways to minimize any difficulty. A Holiday Helper Loan from RMCU can be a way to help you enjoy the festivities that come along with this time of year and ease the strain.

How much Americans spend at the Holidays

Americans will spend an average of $1,007 for the holiday season. Here is a holiday spending breaks down with average spending by category:

  • $638 on gifts
  • $215 on non-gift holiday items including food, decor, and cards
  • $154 on purchases to take advantage of holiday deals

When it comes to gifts, shoppers drop the most, $506 on average, to treat family members. Friends come in a distant second, typically spending around $75, followed by co-workers and other gift recipients.

Among non-gift items, Americans spend more on holiday food, candy, and treats, averaging $110. The next highest cost is decor, at $58. The spending can begin well before December, too. People who host Thanksgiving dinner will have 11 guests, on average, and spend $334 on the meal, according to recent surveys.

There's no shopping, like shopping during the holiday season. Added to the gifts, you may need to pay for holiday travel, winter clothes, or even a party for family and friends. Do you have travel plans to see family or to escape the snow on a sun-kissed beach? Maybe you want to splurge on that special someone or shower your little one with presents. A holiday loan might help you open up possibilities this joyous season. RMCU can help you make the New Year a joyous one, giving you tools to manage seasonal expenses in a responsible way. Membership has its privileges at Rocky Mountain Credit Union. Fill out the form to find out more or stop by your local branch and talk with a representative.