Thursday 26 December 2019

How to Plan Financially for the Roaring 20’s


A new decade is upon us. Before we know it, we’ll be popping bottles of champagne and kissing our loved ones at the stroke of midnight. Many people are already penning their traditional resolutions, and it’s smart to do so. There’s still time left before the clock strikes midnight, and we haven’t turned into pumpkins yet. The more time and effort you put into your plans for the new year, the more likely you’ll be to actually fulfill them. It’s easy to write goals down every year and then discard them, but writing detailed plans can help make your goals feel more achievable.

Additionally, most goals require some financial aspects. Whether that be in the form of a gym membership fee or a savings account, goals can feel expensive at their forefront. Beginning the initial planning process now allows you to detail those ideas later and break down what exactly you need to get the ball rolling. Many people rely on systems like a bullet journal, which allows for free-form systems to plan just about anything for their financial New Years’ goals. Traditional writing may seem tedious, but it’s a good idea to get all of your thoughts down.

GO Federal Credit Union offers several financial planning options to help get your goals on track. For example, our partnership with 4Points Planning helps you organize detailed plans within the most important factors in your financial health. Our credit unions in Dallas are conveniently located for you to be on the right path for healthy finances. Additionally, we offer My GO Finances, which is a helpful tool for mobile online banking.

“But why should I start planning now?”

If these reasons aren’t compelling enough, think of it this way:

How quickly did this year go by? 2019 flashed right before our eyes. A year is 365 days most of the time, but it often feels like a lot less. Weeks blend, and before you know it, you’ve missed two credit card payments and haven’t been to the gym since last Tuesday. If you plan goals now that you can carry with you through the rest of the year, there’s virtually nothing stopping you from getting them done! GOFCU is among the best credit unions in Dallas. Be sure to call GOFCU and make an appointment today with one of their financial advisors.