For 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 third annual ConneXfactor competition! Below is our update on Ruth C.
Ruth C.: Lifestyle Changes=Financial Changes: ConneXfactor 2016
Coach: Lamar Weaver, Hamden Assistant Branch Manager
Ruth and I had recently met, and to no surprise, Ruth is still on target saving for her “new home” and for emergencies. A few weeks ago, Ruth had an unexpected family emergency which required her to use some of her “emergency” funds to cover expenses. She was comforted knowing that she had emergency funds available as it allowed her to avoid scrambling to find money or possibly additional charges to her credit cards. This is the sole purpose of emergency funds; financially caring for the unexpected. Ruth also remained on target with replenishing her emergency funds.
Ruth has a noticeable positive self-assuredness and dedication toward changing her lifestyle habits. Changing a lifestyle to adopt more conservative spending and saving habits is never an easy task, but she is rising to the occasion. Ruth understands that changing smaller habits can produce greater results. Her recent challenges prove that she is still committed to making significant strides to succeed in this competition!
Do you want help staying on target to meet your financial goals? Join our ConneXfactor contestants and let our Financial Advocates work with you to create a financial plan to help you stay on track! Stop by any branch or get started online today!