Member Education & Consumer Tips

Tips for Reducing Financial Stress

Reduce your financial stress this year with these helpful tips:

• Prepare a Budget & Save
  Determine your income, fixed expenses, variable expenses and pay your savings account as a fixed expense.
• Pay Your Bills Online
  Eliminate time consuming bill paying each month.
• Reduce/Consolidate Debt
  The average credit card balance will take 25 years to pay off when paying the minimum monthly payment. Consider consolidating your debt into one low interest loan such as a signature loan.

3 Basic Rules

• Live beneath your means
• Save on a regular basis
• Use risk wisely

Seek the advice of trusted financial advisors such as RCU & RCU Services Group for additional stress-saving financial management tools!