Spring Cleaning: How to Take Stock and Clean Out Financial Clutter

Wellbeing and Your Wallet

Affinity Federal Credit Union presents the Wellbeing and Your Wallet podcast! In the ninth episode, expert hosts Jacqui Kearns, Shawn Lubitz, and Grant Gallagher discuss spring cleaning your finances, and the various ways you can take stock and refresh your budget.

The team begins their discussion by sharing steps you can take this spring to refresh your budget and improve your overall financial wellbeing. They give tips on setting limits for yourself, and ways you can plan for the rest of 2023 and beyond. The team also emphasizes the importance of looking for help from your financial partners, and looking for good checking and savings accounts to gain interest on the money you have.

Grant and the team continue their main discussion by sharing insight on borrowing money during this tough economic environment. They share strategies on how you can review your credit score to make sure there are no surprises when realigning your budget.

Some additional topics covered include:

• Ways to replenish three to six months worth of emergency funding
• Getting the most out of your money and maximizing credit card rewards

Following the main discussion, Grant pulls a question from the Member Mailbag and the team answers the member-submitted question: What is the best way to stay on track of all your subscriptions, such as Netflix, Hulu, or even random subscriptions you weren't even sure you had? In response, the team discusses the importance of monitoring your monthly statements to track your expenses, and setting reminders for yourself for all of your monthly subscriptions so nothing slips through the cracks.

To wrap up this week’s episode, Grant highlights Affinity’s recent SmartStart Savings Account rate increase. The account that makes it easy to grow your savings with a very competitive rate and no minimum balance requirement!

Just a reminder if you have a question or comment for a future Member Mailbag segment, please send it to @affinityfcu on Facebook or Twitter with #MemberMailbag.

Rate, like, and subscribe for more from the Wellbeing and Your Wallet podcast. Visit www.affinityfcu.com for additional information about financial wellbeing and Affinity products.

Thanks for listening and be well.