Financial Wellness
Finances can cause a lot of stress. A lot. And that's not good for your overall health and wellbeing. That's why financial wellness is so important. What is financial wellness? It's when you're managing your money in a way that helps you feel secure, not anxious.
What does that look like?
- Making a budget and sticking to it
- Keeping track of expenses
- Getting a handle on debt and a plan to pay it off
- Having enough saved for an emergency
- Planning for future goals, like a house down payment, a college fund, or retirement
That's a lot, too, but it's okay. It really is never too late to get started or start over. Maybe you need a budget or maybe you've got tracking your expenses under control, but attacking your debt feels impossible.
No matter where you are on the path to financial health, we can help. We'll work with you to find the right solutions for you, so you can spend less time stressing and more time living.
Manage expenses
Looking for a simple way to start tracking your bills and your spending? All you need is a checking account, a debit card, and online banking.
- Our Simple Checking and InCheck accounts are great checking options, and both offer debit cards with fraud protection. See which one is best for you.
- Online and mobile banking let you check your balances, look at statements, see transactions, transfer money, and pay bills anytime, anywhere.
Sometimes, you don't have quite enough in your checking account to cover an expense. Forgot about that unexpected purchase? Had the wrong date for an automatic payment? Don't worry, optional overdraft protection can help.
Take care of credit
Credit is a big part of financial wellness, no matter your situation. Knowing your credit score is important. Yes, sometimes you don't want to know. It's good to understand where you are when you're starting out, rebuilding your credit after a rough spot, or enjoying good credit you want to protect.
Try our free Credit Score Analysis. It's quick and painless, and can really help you get a handle on your debt. Our team takes an in-depth look at your credit and offers a plan for your goals. We can answer all your questions about credit, too. How it works. How to build it. How to repair it. There are no foolish questions.
When you’re ready to open a credit card, borrow for a car, a home, or whatever you're planning, we’d love to help you figure it all out.
Create a cushion
Knowing you have something saved for an emergency really reduces stress. But, with all your monthly expenses, it can seem unrealistic. It's not. Take it a step at a time, a dollar at a time. Remember - big starts small.
We have options that are perfect for your first savings account, the next account once you’ve got the savings thing down, and the accounts you need when you're ready to save for the long term.
Protect what you build
Now that you're improving your financial wellness, you need to make sure you’re keeping an eye out for scams, fraud, or identity theft. Just when you thought you'd gotten rid of your money anxiety!
Not to worry. There are safeguards in place, including your own instincts. Credit cards and debit cards come with fraud protection. It's easy to regularly check your online statements for anything suspicious. Everyone gets a free copy of their credit report from each of the three major reporting agencies each year. And if an offer seems too good to be true or someone is trying to get your personal information, don’t respond.
This is a serious topic, and knowledge can help. There is much more information available about fraud and identity theft and what to do if you think you’re a victim.
Financial Wellness resources
We have it all! Financial Wellness blog posts. Details about checking and savings accounts. Info about types of credit. Online calculators. Follow us on social for even more financial wellness tips!
