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 Marilisa A.
Marilisa A.: Balancing Wants and Needs
Coach: Michelle Panzo, Orange Branch Manager
It’s been a very busy month for Marilisa! Besides working overtime at her job and staying focused on ConneXfactor, she’s been playing games in her hockey league and planning another family trip. Even though she has a lot on her plate, she has been doing a great balancing act. Marilisa is as focused as ever and excited about the progress she has made so far. She’s been keeping her eye on the prize and is working very hard to save and to pay down debt as much as she can in the next few weeks.
In a recent meeting, she said she can’t believe we are already past the halfway mark of the competition and how much she has learned and changed. She now thinks before she spends by first asking herself “do I need it, do I want it, or both?” If it’s a need, then she buys it. If it’s both, then she figures out whether it’s truly more of a need than a want before she purchases. Often, just taking a few minutes to contemplate a purchase can be enough to save us from an expensive mistake! Marilisa also shops around now to find the best deal, as she has become an educated shopper.
Marilisa is even starting to think about the future more these days. She is attending Connex’s First Time Home Buyers Workshop next month; something she wouldn’t think she was ready to do six months ago. I am so proud of her accomplishments thus far! I know she will succeed and continue to grow well after the competition is over.
Do you need help with getting your spending under control? 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!