As the calendar turns to 2026, many of us are thinking about new goals, especially when it comes to money. In Maine, where we value hard work, family and community, strong financial habits help us weather seasonal costs (hello, snow tires), plan for opportunities and support neighbors year-round. 

At Sebasticook Valley Federal Credit Union FCU, we’ve seen how intentional saving can make a real difference. Here’s how you can build momentum with your finances in 2026 and why starting with savings can set you up for success. 

In Maine, seasonal expenses like winter fuel, vacation travel and school costs can strain budgets if you aren’t prepared. Here are practical ways to grow your financial foundation in 2026:

1. Set Real, Achievable Savings Goals

Rather than vague resolutions, try goals tied to what your Maine household actually experiences: 

  • Winter Weather Fund: Put aside enough to cover heating fuel or utility spikes through the colder months. 
  • Vacation & Recreation Plan: Maybe you are saving up for a vacation someplace warm, or for a new snowmobile to explore your own backyard. Plan ahead so you don’t rely on credit. 
  • Emergency Cushion: Aim for at least 3-6 months of essential expenses in case of unexpected repairs, medical costs or job transitions.

2. Automate Your Savings and Watch It Grow!

One of the simplest ways to build your balance is to make savings automatic. You can: 

  • Schedule weekly or monthly transfers to your Primary Savings account. 
  • For those 25 and under, take advantage of the Free4ME Checking Account to help young adults start a regular saving habit through a connected savings account.

3. Make Savings Meaningful with Smart Tools 

Sebasticook Valley FCU offers a variety of savings tools that match different financial goals, without complicating your plan: 

  • Primary Savings Account: Your base account to begin saving (just a $5 minimum balance), required for membership, and ideal for emergency funds. 
  • Share Certificates (CDs): These let you earn more on funds you can set aside over a fixed period. 
  • Goal-Oriented Club-Accounts: Create named savings buckets (e.g., “Home Repair” or “Summer Travels”) to track progress toward specific plans.

4. Review and Adjust Regularly

2026 isn’t a one-and-done year. Set a monthly check-in with your finances: 

  • How much did you save last month? 
  • Are there opportunities to increase your deposit amounts? 
  • Are some expenses you can trim to boost savings further? 

Tracking actual numbers, not just intentions, makes progress easier to see.

5. Prioritize Savings First, Then Borrow If Needed

Starting with a strong savings base gives you stability before you take on new financial obligations. Even a small amount saved over a long period of time makes a difference.  

At Sebasticook Valley Federal Credit Union, we’re proud to help members in central Maine develop strong savings habits that support not just individual goals, but community resilience. 

Visit your local SVFCU branch in Pittsfield or Newport (or give us a call!) or open an account online. We’ll find a savings plan that works for your 2026.