For six months, Connex Credit Union will be working closely with four 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 sixth annual ConneXfactor competition! Below is the next update on Justine J.
Justine J.: Pay Yourself!
Coach: Gezim Stroka, Branford Branch Manager
It’s hard to believe we’re almost halfway through the ConneXfactor competition already. Time flies when you’re having (budget-friendly) fun!
Justine is doing well so far, without any major financial hiccups thankfully. She’s been keeping a good work-life balance, making sure to fit in time with family and friends when she can. Her social life has improved not only in terms of quantity, but in terms of dollars as well. She is more mindful of how much she is spending on outings, and she and her loved ones split the bills when eating out. Summer doesn’t have to be an expensive time of year when you plan ahead!
She is continuing to save money for emergency situations and her education as well. This is made easier since we have set up automatic transfers to these savings accounts, so she doesn’t have to worry about forgetting to “pay herself.” We have also set up automatic payments for her personal loan, which we used to consolidate all of her high-interest credit card debt. Automatic payments = out of sight, out of mind!
Justine is also staying on track by shopping smart, using any and all coupons and discounts that stores offer to save money.
Do you need practical ideas on how to save money? 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.