Financial Spring Cleaning | MoneyWi$e Wednesdays with Envision Credit Union

In this episode of Moneywise Wednesday, Andre Harris and Kellie Merck from Envision Credit Union share practical steps to declutter and refresh your financial life, helping you create a stronger financial future.

Episode Highlights:

• How to declutter your financial accounts and streamline your finances
• Reviewing and adjusting your budget for better money management
• Tips for automating savings and bill payments
• Paying off lingering debts efficiently
• Strategies to improve your credit score
• Setting and updating financial goals for the year

Key Takeaways:

1. Start Small: Tackle one financial task at a time to avoid feeling overwhelmed
2. Review Subscriptions: Cancel unused services to free up extra cash
3. Automate Wisely: Set up automatic savings and payments for financial consistency
4. Check Your Credit: Regularly review your credit report and address discrepancies
5. Declutter Accounts: Close unnecessary accounts and consolidate them where possible
6. Set Clear Goals: Update financial goals to align with your current priorities

Expert Tips:

1. Use budgeting apps to track expenses and identify saving opportunities
2. Keep emergency funds in a separate account to avoid unnecessary spending
3. Set calendar reminders for financial check-ins every quarter
4. Pay off high-interest debts first while maintaining minimum payments on others
5. Review insurance policies and retirement contributions for potential adjustments

Resources Mentioned:

• Envision Credit Union's Moneywise program: envisioncu.com/moneywise
• Free budgeting templates and financial planning tools
• Annual Credit Report Check: www.annualcreditreport.com

Next Episode:

Join us in April for "Smart Strategies for Tax Refunds," where we'll discuss the best ways to use your refund for long-term financial success.

Have questions or need financial guidance? Email us at [email protected] or find the Hoot podcast wherever you listen to podcasts.