Moments to Educate:
Strike Your Balance in 2008!
Money impacts every facet of life and how you manage
money today has a tremendous impact on your
family and your future. Life happens and today it is
very easy to find yourself in a financial struggle. In
2008, I challenge you to make smart money choices
to create a healthy balance between stress and happiness.
It is a common misconception that making money
will bring more happiness and less stress. However,
this has proven not to always be true. While more
money brings momentary thrills and a few new
things, generally, people adjust their lifestyles in
ways that add more pressure in keeping up with
money demands instead of increasing their overall happiness or decrease stress. A better goal is to be“smarter” with the money you have. Consider these
basic tips:
Be Smart with Spending
-
Buy fewer things that you don’t need.
-
Before you buy new things, really think about if
these things will improve your quality of life or
create more stress.
-
Set up a budget. Write down everything that
you spend money on and compare it to the
amount of money you actually bring home.
Cut Down on Your Debt
-
Get out of debt (if you’re in debt).
-
Look for things you can cut out of your budget
(like eating out, morning lattes, cable, etc.).
-
Don’t fall prey to spending money on things
that you cannot afford to keep step with the
lifestyle of others.
-
Pay extra on credit card balances whenever
possible.
Remember that “daily management “ of you finances
is an important element in striking your balance in
2008.
-Vernetha Halls
Vernetha Halls is SDCFCU’s Financial Education Facilitator
and Chairman of the Financial Education Committee.
Our next seminar is March 1st:
“How to Avoid Losing Your Home to Foreclosure”
Please send registration requests to
virtualcu@sdcfcu.org.
Nominating Committee Seeking Members for 2008 Board
of Directors Election
The Nominating Committee is
seeking members interested in
serving as volunteers on the
credit union’s Board of Directors.
If you feel that your background
and experience would be an asset
to the Board, you may obtain a
Volunteer Application Form from
the credit union Monday through
Friday, 9 am to 5 pm. Applications received by February 15th
will be considered by the Nominating
Committee for the 2008
election. All candidates must have
a satisfactory credit history and
be approved by the National
Credit Union Administration.
The electing of the 2008 Board of
Directors will transpire at this year’s Annual Meeting, scheduled
for March 15th at 11:00 am.
Please plan to attend so that you
may cast your vote.
Holiday Closings
Our office will be closed on the following days:
January 21st
February 22nd
March 21st
