Your Wallet Deserves a Wellness Plan Too
Just like a regular checkup is important for your personal health, it’s a good idea to regularly check in on your finances. Digital Banking makes it easy to quickly review your financial information, helping you keep things up to date while also protecting what matters most.
Here’s a Financial Wellness Checklist to help you stay on track:
Identify Your Financial Goals
Whether it’s paying off debt, saving for a dream vacation, or building an emergency fund, clarity is key.
Assess Your Current Financial Situation
Review your income, expenses, debts, and savings to identify areas needing attention. Link external accounts in Digital Banking to view all your finances in one place.
Track Your Spending
Keep a spending journal for at least a month. You might be surprised where your money goes, and where you can cut back.
Review and Adjust Your Budget
Use what you learn from tracking your spending to fine-tune your budget. Make sure your expenses are less than your income and that you’re allocating funds toward your goals.
Set Spending and Transaction Alerts
Use debit card controls and balance alerts so you’ll always know when you’ve reached your budget limit and when money moves in or out of your account.
Monitor Your Credit Score*
Check your FICO® Score regularly with tools like My Credit Manager. It’s free, won’t impact your score, and helps you stay on track. Here’s a quick look at what impacts your score.
Evaluate Your Savings and Investments
Make sure you have an emergency fund, and review your retirement and investment accounts. If you can, increase your contributions – it adds up over time.
Keep Your Contact Info Updated
Ensure we have your current email, phone number, and address so you never miss important account updates or alerts.
Plan for Taxes
Review your tax situation and adjust your withholdings or estimated payments if needed. A little planning now can prevent big surprises later.
Seek Professional Advice
When in doubt, talk to a financial advisor. They can help you navigate complex decisions and tailor a plan to your unique situation.
A financial checkup doesn’t have to be overwhelming.
Connect with a banker for help as you work through these steps and take control of your financial future.
*Available only for consumer accounts.