Were you pleased with your financial situation in 2017? We're already six months into 2018, and it's time to determine how you're doing so far this year and if you have your finances on track.
Much like keeping your body and mind fit, making sure you are financially stable also requires maintenance and preparation. Taking control of your financial future can be overwhelming and frustrating. A mid-year financial checkup is a good habit to get into to evaluate your progress in the first six months and make sure you have all your bases covered. If you're off course, you can still make adjustments before it's too late.
According to Rachel Schneider, senior vice president at the Center for Financial Services Innovation, her definition of "financial health" has three factors in common. Schneider lists them as:
- Managing your day-to-day financial life
- Having the capacity to absorb a financial shock
- Staying on track to meet your financial goals
At VacationLand Federal Credit Union, keeping you on track to succeed throughout the year is a top priority. Our new online digital education initiative, called Financial Empowerment, provides you with options to manage your money. This program offers an engaging learning experience around critical personal finance topics such as building emergency savings, mortgage education and retirement planning.
- A series of 3-10 minute, interactive learning modules on key financial topics
- A variety of financial planning tools and calculators
- Mobile and tablet-enabled so you can learn anytime, anywhere
- Available in English and Spanish
This service is free for everyone! VLFCU membership is NOT required to access these resources, so we encourage you to share them with friends, family, colleagues and social networks. Check out our link and discover financial tools and calculators to kick-start your mid-year checkup: https://vlfcu.everfi-next.net/
It's not too late to take control of your 2018 personal finances. Get started now by reviewing your current "situation" and make changes where necessary.
Need help consolidating debt, improving your credit score, or saving for the future? Stop by any of our branches or call us today at 1-800-691-9299. It’s always our pleasure to serve you!