For the next five months, Connex Credit Union will be working closely with five participants to see who can become the most fiscally fit to win a $3,000 grand prize. Each participant has been paired with a Connex Financial Advocate who will offer real-world, practical advice on how to reduce debt, build savings, and many other helpful financial tips and advice. Connex received over 140 applications for the second annual ConneXfactor competition! Below is the fourth update on our contestant Stephanie S.
Stephanie S.: Staying Focused in Trying Times
Coach: Jeff Lucisano, Orange Assistant Branch Manager
Predicting our future is not an exact science. Our lives are filled with ups and downs, and how we overcome those downs makes us a stronger individual. Since the last update, Stephanie has had some unexpected expenses to visit her mother who was having health concerns. Stephanie made a few trips to visit with her, which are several states away and this caused a deficiency in her budget. When these unexpected events occurred, Stephanie had to regain her focus and create a new plan to manage life’s unexpected expenses. She knows that having this security also means that her loved ones will be protected in the case of another unforeseen challenge that may pop up. Nonetheless, she is diligent about finding ways to recoup and allocate funds to reach her goals set in the beginning of the competition.
Despite these trying times, Stephanie was able to pay off one of her credit cards, build up her savings to $250, and is one payment away from paying off the other credit card! Stephanie is a great example of how resilience is a necessary trait when you’re working hard to achieve goals in the face of adversity. – Jeff Lucisano, Orange Assistant Branch Manager
What techniques have you used lately to stop spending and instead start saving more? Let us know in the comments!
You can have a strong financial finish too! Join our ConneXfactor contestants and let our Financial Advocates work with you to create a financial plan and a budget to help you achieve your goals. Stop by any branch or get started online today!