Budgeting for your expenses
Modern living involves the payment of all kinds of bills such as mortgages, electricity, road tax etc on a regular basis. By using Donore Credit Union's Budget Account Service (BAS) at a charge of just €65 per annum, members can unburden themselves from the hassle of remembering to pay these bills and also save themselves the time and inconvenience involved in making each individual payment.
How does it work?
The member can decide which regular bills they want to include in the Budget Account Service and estimate how much each bill will be over the twelve-month period by totaling them and submitting it to the Credit Union by 01 March each year for approval.
Once you have calculated the yearly amount, this can be divided into manageable weekly or monthly payments, depending on how you prefer to pay. For example, the total can be divided by 52 for weekly payments or by 12 for monthly payments.
We recommend allowing a little extra in your budget to help cover unexpected increases or additional costs during the year. If there is money left over at the end of the year, this will be refunded to the member.
Bills commonly included in a Budget Plan may include electricity, gas, car tax, property tax, insurance, TV, broadband and other regular household expenses
Please note: You must be a member for at least one year and have €500.00 in shares to avail of this service.
The Budget Account makes paying bills so much easier and I don't need to worry about missing a bill
Are you not a member of Donore Credit Union but interested in joining? Simply click the button below to find out more.
The fee is just €65 annually per member to avail of the Budget Account Service!
Choose which bills you would like to include (utility, taxes, insurance costs, TV & broadband, etc.)
You need to be a member for at least one year and have a minimum of €500 in your shares.
Simply estimate how much each bill is over a 12-month period and divide it by 12 to get an average monthly cost
