It’s that time of year again when making resolutions and setting goals are on everyone’s minds. Getting your financial life in order should be at the very top of your list.
More than one-third of Americans make money resolutions before the start of every new year. Regrettably, those resolutions are long forgotten by the time tax season draws near. But, according to the Ninth Annual Fidelity Investments® New Year Financial Resolutions Study, 58% of Americans who made – and kept – financial resolutions were in better financial shape.
Let’s focus on two things you should do, starting today:
- Implement a savings plan
- Pay down your debt
Not sure where to begin? Give VacationLand Federal Credit Union a call. We offer a variety of savings account options for everyone in your family. You can even designate club accounts for specific saving needs, such as college tuition, a special vacation or holiday expenses.
We also have a variety of free resources on our Financial Empowerment page:
Savings Introduction illustrates different savings vehicles, how to set goals for saving, and how to plan for success. You can also determine how much you need to save each month to meet your objectives.
Monthly Budget Tool will help you determine your monthly fixed and flexible expenses, and possibly discover additional savings.
Build Emergency Savings provides basic savings strategies, including daily savings tactics, and how to begin.
Need credit card debt help? If you are unable to pay off, or substantially pay down your balances, you might consider debt consolidation. Transfer your existing high-interest credit card debts onto one low-interest card, the VacationLand Visa®. With an introductory APR of 3.99% for the first 18 months, you can save money and pay off debt faster. Call us today at 800-691-9299 for details or download an application here. This offer ends February 28, 2019!
Whatever course of action you choose, remember that your financial well-being is important to us, and we are committed to providing you with resources to manage your money. If you need help consolidating debt, improving your credit score or simply saving for the future, stop by any of our branches or call us today. We are here to serve you!