When Income Changes: ConneXfactor 2018

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For six 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 100 applications for the fifth annual ConneXfactor competition! Below is our update on Allen G.

Allen G.: When Income Changes

Coach: Mike Nowicky, Meriden Branch Manager

Allen faced some challenging situations recently, as well as some positive surprises since my last blog post.  Lets’ start off by looking at some great news he had to share.

Allen is closing in on his bachelor’s degree in Digital Marketing and was able to secure an unpaid internship with a company that will give him the opportunity to work specifically in this area.  He is passionate about the opportunities that await him after graduation and is incredibly excited to start his internship.Allen

Since he is taking on this internship, Allen had to make some tough choices regarding his full-time employment.  He has decided to leave his current employer and is currently looking for a part-time position that will work with his new schedule that will be starting in September.  He wants to make sure that he does not over-extend himself (something that we all feel at times).  Allen is able to do part-time work with a Landscaper right now, which is helping him earn some additional funds until he leaves his full-time employer. In addition, Allen has been able to land a private soccer coaching gig that will pay him an extra $75.00 per week. He is taking every opportunity to maximize his income during this time!

Allen has also made his initial tuition payment for the upcoming semester, so this is one less thing for him to worry about.

He expects to receive his final check from coaching the past two months, and as a result – will be able to put more savings into his investment account. Allen is really showing commitment to his ConneXfactor goals!

June was a busy month for Allen, but he’ll  get to enjoy his summer now.  Stay tuned to find out more about his ConneXfactor  journey during the month of July.

Do you need help on maximizing your income, and lessening expenses?? 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

Improving the lives of our members... one member at a time.

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Posted in ConneXfactor 2018, Contests and Promotions, Financial Education, Improve your life, Money Saving Tips

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