Start an emergency savings fund
Starting or growing your emergency fund can help you improve your financial security by covering or off-setting unexpected expenses, like a major injury, medical bills, a totaled vehicle, or a lay-off.
Prepare for a natural disaster
The Pacific Northwest is home to many potential natural disasters. By preparing for an emergency, you can reduce the fear, stress, uncertainty, and potentially the loss that comes with many disasters.
Give your credit a checkup
Just like visiting the doctor can boost physical wellness, understanding and periodically reviewing credit reports can help us make better financial decisions. Here’s what you need to know.
Commit to getting financially fit
In addition to physical fitness, a new year can also be the perfect time to focus on getting finances in tip-top shape. Being financially fit can offer freedom and stability while reducing money worries.
Stress can have a lasting negative impact on your physical and mental health. If you’re experiencing stress, you may have trouble sleeping, increased overall fatigue, muscle aches and headaches. Stress can even cause your body to produce cortisol, a stress hormone that impairs your brain’s ability to create long-term memories. Addressing the stress you feel about money is a major part of achieving financial and physical wellness.Learn more
Creating a budget
Budgeting is a crucial component to your financial well-being and how to start building your budget based on your unique goals. You’ll also get tips to help find opportunities for spending less and reducing overall expenses.
Planning for retirement
Get guidance on long-term financial management, as well as an overview of the many retirement account options available. Then, develop a detailed financial assessment to help you evaluate your next steps to ensure a comfortable retirement.
Understand how to use credit wisely and gain debt management techniques to optimize your credit score. Discover how your debt, income, and other expenses relate to your overall credit health, and evaluate different types of credit and loans available.