HPAL Tip of the Week: Spring your finances forward.
Knowing what you own, what you owe and your total net worth is the first step to spring forward in your finances. Once you know what you have, work out how you are going to improve this each year and by how much. Like a company has to increase its revenue, so should you. Keep in mind there is a correlation between how much you earn and how much you spend. If you get a raise, your spending often increases too. This is a vital mistake that can stop you short of creating financial stability.
You are encouraged to use these weekly tips on your website, social media pages or in other communication with your members to illustrate one more way credit unions help people afford life. If you have a tip you would like to share with the HPAL Listserve, please email to firstname.lastname@example.org. When sending an email it is sent to everyone on the list.