10 SIMPLE WAYS TO Boost YOUR EMERGENCY Fundbrightpeak nancial | 10 CPR Tips to Boost Your Emergency Fund2An emergency savings fund is all about having a safety net for lifes unexpected events (saving money for a rainy day). Unexpected events like your car breaking down and needing a new transmission, your water heater leaking and you needing to replace it, or something more severe like losing your job. Why is it important to build an emergency savings fund?These unexpected events will likely come with costly price tags of $1,000 or more. Making it necessary to have some funds set aside for these emergencies.54% of Americans say they typically consider resolutions regarding their nances. And, although people have different reasons for saving money, the most common of these includes saving for an emergency fund (57%)1.For many of us, however, nding the extra funds to start saving might seem daunting. Here are some quick tips to get you started down the path to saving. And, remember, at brightpeak nancial were looking to help people build a habit of saving. We encourage you to call us at 855-726-9058 to answer any questions or help you get started. _________1https://www.delity.com/bin-public/060_www_delity_com/documents/new-years-resolutions.pdfWhat is an emergency savings fund, and why do I need one?brightpeak nancial | 10 CPR Tips to Boost Your Emergency Fund3Tip #1 | Track itStart tracking your spending to the dollar, category by category. Then, go through your list line by line and cut out what you can. Youll realize quickly what extras youre purchasing.Tip #2 | Dare to CompareFor necessary purchases like groceries and gas, comparison shop before you buy.Tip #3 | Make it AutomaticSet up automatic deposits into an emergency savings account. What you dont see, you may never miss. Revisit the amount youre saving after a few months. If you dont miss $50 a month, would you miss $75?Tip #4 | Dont Shop SwapSwap your old books, CDs and DVDs for new ones for free. Also check out sites like ThredUp to save on hand-me-downs you and your kids will actually like.12345678910Tip #5De-stress for LessInstead of heading to the spa,try some basic yoga, stretching or meditation techniques at home. Do you really need that gym membership when you can run, hike, and bike--outside?12345678910brightpeak nancial | 10 CPR Tips to Boost Your Emergency Fund5Tip #6 | BYOMMaking coffee at home is cheaper than buying it from your favorite barista. Designate just a few days a week to treat yourself. Also, adopt a BYOM (Bring Your Own Mug) policy. It could score you a discount at your favorite coffee shop.Tip #7 | Free up Some Family TimeSave money on a sitter and dining out. Take the kids with you, but choose a restaurant where kids eat free.Tip #8 | Meat in the MiddleFruits, vegetables, soy and rice are generally cheaper than meat. Lower your grocery bills by eating healthier and reducing the amount of meat you eat. Here are eight healthy ingredients for $1 per poundor less: Apples, barley, broccoli, cucumbers, greens, milk, potatoes, and yogurt.Tip #9 | Avoid the MarkupsBefore you order a big bucket of popcorn at the theater, consider the price youll pay. It could make you change your mind. Also, check out these other products with giant markups: Restaurant beverages, bottled water, home/yard services, and cable television.12345678910brightpeak nancial | 10 CPR Tips to Boost Your Emergency Fund6Tip #10Make it Hard to Steal from YourselfKeeping your checking and savings accounts at the same bank may seem like a good idea -its convenient, easy to set up and easy to monitor. The problem? Its also easy to transfer money out for non-emergencies.Try opening a separate dedicated savings account. Not only is this money out of sight, out of mind (and will continue to grow), but you can shop around for the best rewards and/or interest rates.12345678910ABOUTBRI GHTPEAKFI NANCI AL brightpeak is a Christian not-for-prot created to help young families grow stronger nancially so they can live life with condence and generosity. Visit us at brightpeaknancial.com to learn more.brightpeak nancial is a division of Thrivent Financial, a membership organization of Christians founded more than a century ago, which is the issuer and underwriter for brightpeak nancial products. Products only available in CO, GA, IA, ID, IL, IN, MI, MN, NE, NV, OH, PA, TN, WA & WI. Thrivent Financial for Lutherans is based in Appleton, WI 54919-0001.bpfPRTD021015.1Deposit and lending services are offered by Thrivent Federal Credit Union, a member-owned not-for-prot nancial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans or its afliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested. Ready To Start Saving?Are you ready to take a giant step towards preparing for lifes unexpected moments? .....................................................................................Earn up to $100 in savings rewards when you open an Emergency Savings Share Account brought to you by Thrivent Federal Credit Union in partnership with brightpeak nancials Savings Rewards Program.Learn more at http://info.brightpeaknancial.com/build-a-habit-of-saving.....................................................................................Or, call brightpeak nancial at 855-726-9058 and get answers to your general savings questions, along with emergency savings questions.