A recent survey reports that millennials consider money to be their top stressor. Managing money can be overwhelming, but you have the power to take control of your money and flip the script on your finances, and you can do it this year.
Here are a few reasons to embrace financial wellness in the new year and beyond.
1. It Reduces Your Financial Stress
Stress about your financial situation can lead to poor sleep, loss of focus, and decreased productivity. That’s why financial wellness is such a powerful mantra to consider as we head into the new year. Through financial wellness, you can take a holistic view of your finances and come up with a plan to reduce your debt, increase your savings and enjoy time spent doing more of the things you love. Seems legit, right?
2. It Makes You More Confident About Your Money
Financial wellness can empower you to feel good about the financial steps you’re taking and the life you’re creating for yourself. Pro Tip: Take advantage of Summit’s free financial education by browsing the Money Smarts Blog posts to pick up useful tips for managing your money, or even talking to a Summit financial expert to kick up that confidence even more. Whether it’s creating an emergency savings account or trying your hand at investing (yes, really!), they can help you come up with a plan that’s realistic for your lifestyle and budget. This year, it is more possible than ever to equip yourself with the knowledge you need to make smart money moves with ease.
3. It Allows You To Live Your Best Life
Want to launch a business? Get married? Start a family? Go back to school? Financial wellness can fuel you in your journey to live your best life. These milestones won’t happen overnight, but financial wellness will help you develop the right money habits to get you there. Every day you’ll get a few steps closer to your goals, and it’ll feel AMAZING. Give it a try and share your experience on Instagram using #summitcreditunion or @summitcreditunion.