Step 3 – To Gain Financial Stability – Pay Down Debt

Frustrated woman with hands in hair looking down at credit cards and bills on table.

You’ve tracked your spending, designed a budget for your monthly expenses, and you’re well on your way to financial stability. In this next step, you’ll create a plan for paying down your existing debt. Consumer debt can be one of the biggest challenges to realizing good financial stability. Credit card companies design their business model […]

Step 2 – To Gain Financial Stability – Creating a Budget

Pen, paper, laptop and printed charts resting on table.

Now that you’ve tracked your spending and kept a careful record of where your money goes over the course of a month, you’re ready to move onto the next financial stability step: creating a budget. Budgets play a crucial role in promoting financial awareness, which leads to more responsible money choices. Let’s take a look […]

Step 1 – To Gain Financial Stability – Tracking Your Spending

Stacks of all kinds of dollar bills resting on top of one another.

Are you ready to join us on a journey toward Financial Stability? Each month, Deepwater Industries FCU will focus on one step of a journey of Financial Wellness. We’ll tackle the topic in detail and help you learn all you need to know about this step. Follow along, and at the end of the year, […]