Ways to Help Improve Your Financial Life!
We should all be saving more. Are your savings automated? If so, try increasing the percentage you’re sending to your savings account each pay period. It’s really simple. Set it and forget it. And this works the same with contributions to your retirement fund. If you haven’t started saving for retirement, now is the perfect time, and Ironworkers USA Credit Union has got you covered! With a $100 minimum balance, you’ll earn competitive rates on Traditional and Roth IRAs (Individual Retirement Accounts).
Budgets are great, so hopefully you have one that you stick to. But it’s a new year, and maybe your finances are a little different than last year. So now would be a great time to take a look at your current budget and make adjustments as needed. Our member service representatives are happy to talk with you about creating a budget that works for you and your family. Plus, we offer BALANCE money management tools including articles, videos, podcasts, and even free, confidential financial counseling services.
Bills have to be paid, but there are areas in your spending that are more “want” than “need.” Find some of those purchases and challenge yourself to make that spending look drastically different than it did last year (and we mean cutting it down). If you can set a monthly goal and hit it all year, you’ll probably have more money than you’re used to having at the end of the year and that will feel great.
GET TO KNOW YOUR CREDIT SCORE:
If you have a poor or damaged credit score, it can hurt your chances of getting the best rates on loans, being able to secure a home mortgage or even renting a nice apartment. If you need help fixing your bad credit or improving your credit score, we’re ready to help! Ironworkers CU members are eligible to receive their FICO® Credit Scores free of charge through online banking or the Ironworkers CU mobile app. You also have access to information about key factors affecting your score as well as credit education to help you stay on top of your score.
No matter what you want to work on this year, we’re here to help! Give us a call at 1-877-769-4766 and a member representative will be happy to talk with you and come up with a plan just for you!