How do I start saving for retirement if I’m 35

father and daughter thinking about starting to save for retirement.

When it comes to financial planning in Madison there are many resources you can use to educate yourself so you can get ahead and reduce stress. When you’re prepared for the future financially or even working towards that goal, you will feel more relaxed. One of those areas to focus on is your retirement plan, because you most likely don’t want to work FOREVER, right? Continue reading How do I start saving for retirement if I’m 35

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Worried About Holiday Debt?

Debt = stress. If you’re in debt, even very large debt, the best goal you can have is to repay everything you owe. This will be favorable to your credit, and a good credit counseling agency will help you do so in a way that allows you to save money over time and avoid damaging bankruptcy.

DCCU members have free access to credit counseling, money management and financial education services with our reputable partner GreenPath Financial Wellness.

GreenPath is a non-profit company that equips people with knowledge and tools to lead financially healthy lives.  They can partner with you to ease financial stress, manage debt, save for the future, make informed financial decisions, and achieve your financial goals.

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Simple Money Saving Tips To Give Your Budget A Serious Boost

stacking quarters to show progress on saving money.
Saving money is important.

In an age of massive consumer debt, credit cards run amuck, astonishing national debts, and banks closing their doors, there are plenty of reasons to save money.

Unfortunately, many people have never been educated on how to save money.

But we’ve got some good news. There are an astonishing number of ways to save money these days, all of which can give your budget a serious boost.

Here are some of our favorite money-saving tips. Continue reading Simple Money Saving Tips To Give Your Budget A Serious Boost

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Budgeting 101.3 – Setting Goals

Set goals when creating your budget to stay on track.If you’ve stuck with our ‘budget that works’ blog series this long, you’re already looking at a nearly completed budget: In part one of this series, we went over tracking your income and expenses, and in part two, we looked at your net income and broke your expenses down into two categories. In this installment, you’ll set budgeting goals. Continue reading Budgeting 101.3 – Setting Goals

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Budgeting 101.2 – Look Closer at Expenses

Writing in a journal is a good way to track expenses
Track expenses to know exactly where your money is going.

Budgeting is one of the smartest financial planning moves anybody can make. So, we’re breaking down the budget process–to show that you CAN start and stick to one. In part one of this series, we covered tracking your income and expenses–or how much money you have going in and out each month. In this part, we’ll see if your net income is positive or negative, and break your budget down into categories. Continue reading Budgeting 101.2 – Look Closer at Expenses

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Budgeting 101.1 – Getting Started

Blank notebook ready for a new budget.
The hardest part of budgeting is getting started.

Making a budget is one of the smartest financial planning moves anybody can make in Madison. So why do so few of us do it? Well, some people just don’t know how; others are afraid to own up to their past savings failures; and some people set too strict of goals, and quit after a month or two. Continue reading Budgeting 101.1 – Getting Started

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Financial Advice for High School Graduates

High School gradIf you’ve recently graduated from high school, congratulations! Making it through all those years of schooling is no small feat.

Now, however, you’re potentially facing one of the biggest decisions of your life: Will you continue on with your education, or will you get a job? Maybe, you’ll do both! Continue reading Financial Advice for High School Graduates

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