Financial Literacy Month: Tips for Financial Wellness

April is Financial Literacy Month! That means it’s the perfect time to take a look at your financial situation and make sure you’re making healthy financial decisions.

Healthy financial decisions are just as important as the other healthy decisions you make every day. In fact, financial and physical wellness can often go hand in hand. Take a look at these financial wellness tips to see how intertwined the two can be:

  • Tackle debt like you tackle your gym plan. When you go to the gym, you have a plan for what you’re working on and stick to it. You should do the same with any debt you may have. Make a payoff plan and stick to it!
  • Plan a budget the same way you plan your grocery list. If you don’t have a grocery list, you tend to spend more money on impulse buys. Budgeting works the same way! If you know where all of your money needs to go and when, you avoid overspending.
  • Keep your finger on the pulse of your finances. We all know how important it is to be proactive with doctor’s visits, right? You should do the same with your finances! You don’t want to wait until something is wrong to log in to your Online Banking account or finally check your credit report.