Saving simplified – Ross’ Story

Reading Time: 2 minutes

Getting into the habit of saving can be tricky – simplify saving with Balance.

Ross has been a member of South Manchester Credit Union for 10 years now and has built a sustainable saving habit through Balance, our workplace savings scheme.

An option too good to turn down

Ross works for Onward Homes, one of our workplace savings partners. He heard about our workplace savings scheme and loved the idea of being able to save straight from his pay.

Naturally, he joined as soon as he possibly could, back in 2016, and has not stopped saving since!

“You set how much you want to save, and it comes out each month when you get paid.”

Saving through Balance

Our workplace savings scheme, Balance, allows members to save simply & securely and repay affordable, responsible loans straight from their pay. Ross hasn’t looked back! He loves the extra security it brings and plans to continue saving through payroll with us.

“I think payroll saving is one of the best things you can do.”

You don’t have to save a lot; the smallest amounts add up over time. By saving before the money even hits the bank, you hardly notice!

“I only save around £20 each month, but it adds up over time and means I have some money locked away in case of emergency.”

By saving £20 each month, after one year you would have £240! That’s an unexpected car repair covered, some extra money for Christmas or even a holiday deposit!

Why a credit union?

As many of our members do, Ross enjoys the community focus and knowing his savings stay local. He is also grateful that, as we are a cooperative, he is a shareholder in our credit union. This means he gets a say in the development of South Manchester Credit Union – we are owned by our members.

“I choose to save with South Manchester Credit Union as it is local, easy and it means I have a share in the credit union.”

Join Ross – start saving effortlessly

After a great experience with Balance, Ross has built up a fund to help cover any unexpected costs.

What can you expect from us here, in Ross’ words?

“Local, friendly and helpful.”

Join Ross and many others who are simplifying their finances through Balance!

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