NOTICE: Tech CU will be closed Thursday and Friday, November 26 & 27. We will re-open on Saturday, November 28. We wish you and your family a happy and safe Thanksgiving! Our San Francisco branch is temporarily closed due to shelter in place guidelines. The following branches will be open after the holiday: Campbell, Cupertino, Dublin, Fremont, Milpitas, Palo Alto, San Jose, Santa Teresa, and Sunnyvale. Branch ATMs remain operational. Click here for branch locations and hours.

  • Social Saver

    Social Saver

    How social distancing is saving you money

    Social distancing’s major benefit is that it is slowing the spread of the coronavirus. But there’s another upside of this new (hopefully, temporary) way of life: It can save you money. Let’s look at some items you’re likely spending way less on thanks to the fact that you’re not out and about as normal.

    Gas

    You’re likely working from home right now, which means you’re driving less and spending less on gas. Now might be time to move some of your monthly gas budget to your emergency savings fund.

    Gyms

    Most fitness centers across America are shuttered, making gym memberships another area of monthly savings. Again, take a look at your budget and see if the money you’ve been saving without a gym membership could be funneled somewhere beneficial. (If your gym is still charging you, call and ask to be put on hold.)

    Dining Out

    While restaurants are offering takeout and delivery, you’re probably spending less on dining out thanks to social distancing. If you’re spending about the same as you were before, it’s time to cut back on delivery apps. As US News reports, they often have loads of extra fees that can turn a sensible purchase into something quite expensive.

    Clothes

    There’s nowhere to go, so chances are you’re not buying as many clothes as you usually do. Use this time to analyze your shopping habits. When things get back to normal, you might find yourself spending less on things because you’ve realized you had a habit of overspending.

    Back to Blog

    Leave a Comment

     
       
     

    characters remaining


    Comments

Give us a call

Give Us a Call

We look forward to chatting with you.

(800) 553-0880

For new loan related inquiries, call

(877) 988-0471

View Our Contact Info
Visit Us In Person

Visit Us in Person

We’re here to serve your needs in person at our San Jose Headquarters. Visit us at 2010 N. First Street, San Jose, CA 95131.
Get Directions
More Information

Want More Info?

Interested in learning more about all we have to offer? Receive personal finance tips along with emails focused on key topics. You can even sign up for our monthly newsletter.
Request More Information