With New Year's Eve right around the corner, now is a great time to set goals for different areas of your life. Along with exercising and eating healthy, better money management is one of the most common resolutions people make each year.
Making New Year's resolutions is easy—keeping them, that's the hard part! Remember that changing your habits takes time, so don't be discouraged if you don't see the effects right away. With a little patience and discipline, you can make your resolutions a reality in 2020!
If you're ready to make—and keep—a money-related resolution for the New Year, here are four financial goals to consider:
#1: Create a budget that works for youMaking a budget is one of the best ways to hit the reset button on your finances. If you're new to budgeting, try these simple steps:
There are many ways to budget, so you might need to try a few different methods until you find the one that fits your lifestyle. Check out WPCU's online
Education Center for more budgeting tips and tools.
#2: Give your credit score a boostBuilding a healthy credit score can help you reach other big goals, like buying a car or home. Here are some quick tips that could help you improve your credit score:
#3: Learn more about personal financeIt's never too late to build your financial know-how. Maybe you want to learn more about budgeting basics, buying a home, improving your credit, avoiding fraud, investing or planning for retirement. Researching these topics on your own can feel overwhelming, but at WPCU, we'll help you Learn a Lot about your finances with —
#4: Get ahead of debt
Paying down your debt will give you greater financial flexibility and freedom to do the things you really want to do. If you're ready to tackle your debt head-on this year, WPCU is here for you. Stop by a Member Center to meet with one of our financial coaches and get help with a personalized debt repayment plan. Wright-Patt Credit Union is here to help you achieve your money goals—no matter how big or small! For more money management and budgeting tips, tools and advice, explore our