Financial wellness

5/16/2023

Are you experiencing financial wellness? Do you know what financial wellness looks like? How do you attain financial wellness?

If you can meet your current and future financial goals, you have achieved financial wellness.

To achieve financial wellness, you must manage short-term and long-term finances. 

Managing short-term finances means creating a budget, sticking to it, and working to gradually increase your income and/or decrease your spending. 

Managing your short-term finances leads to managing your long-term finances. Improving your financial wellness today helps you stay on track in reaching your future goals. Improving present financial freedom is about making changes, where needed, to feel like your finances are under control. Achieving future financial freedom means accomplishing short-term goals, so that you can attain your long-term goals. 

Get started today:

  • Create a budget, stick to your budget, and adjust accordingly
  • Build an emergency fund
  • Reduce and pay off all debt
  • Save and invest
  • Plan for retirement and long-term goals

In addition:

Check your credit score and improve your credit score!

If you have any questions about savings accounts at Warren-Boynton State Bank or My Money Manager available through online banking, stop in at one of our branches in New Berlin, Springfield, Modesto, or Palmyra.