Walking through your everyday life you might not realize how much irresponsible spending and living without a budget can impact your financial wellness. In the age of credit cards, PayPal, Venmo, and Apple Pay, spending money on frivolous things has never been easier.
Think about it… let’s say you are driving to work and you realize you forgot your coffee. So, you make a quick stop to your local coffee shop and with one swipe of your credit card you’re on your way. Then, while you’re sitting at your desk at work you start getting hungry and you quick order lunch to be delivered to you. With a few clicks your lunch is in front of you and your back to your day. And then after work you stop at the grocery store to pick up a few things and run a few errands all while swiping your credit card not even thinking about you’re spending. All these seemingly small actions can have a big impact on your budget and your financial future.
Every day our team sees hard working people going through their day-to-day lives doing everything wrong financially. If you want to make a change in your financial future you need to make a plan. Take a look at a few of our tips below to get on the right track to a happier, less stressful life!
Get a second pair of eyes on your finances.
When you have another person keeping you accountable for your financial decisions you start becoming more aware of your spending habits and start second guessing your unnecessary purchases. Make sure this is someone you trust like a spouse or family member who want to see you succeed!
Find a financial mentor.
If you find yourself constantly comparing your life to your friends or people around you, don’t just settle with the difference. Use these people as inspiration to change your financial wellness. Ask them how they are utilizing budgeting and smart money decisions to succeed. It might be hard to ask for help at first, but everyone struggles with money at some point in their lives, and they can help you through this point in your life!
Create a budget.
Writing down all of your spending habits and seeing them in black and white in front of you can make all the difference when it comes to spending money. Make a budget on your necessary and unnecessary purchases and see what you can cut out each month. You’d be surprised at how much extra cash you’ll have to spare!
Trust Firefighters Credit Union.
Financial wellness doesn’t happen overnight. At Firefighters Credit Union we know what you are going through and we can help steer you in the right direction. It takes patience and it takes bravery to tackle your finances and you don’t have to do it alone. Stop into Firefighters Credit Union to get your financial future back on track.