Financial Planning

Budgeting

Do you know how much you spend – each week, each month, each quarter?

If your money seems to disappear, try setting yourself a firm but achievable budget and start taking control of your money.

There are many ways you can get your money working harder:

• identify your medium to long term personal goals and prioritise them
• take a hard look at your bills to see how you have been spending your money and work out where you can cut down
• identify debts that have the highest interest charge and pay these off as a priority
• consider having part of your salary regularly deducted from your savings account and transferred to an investment account
• create a realistic but firm budget to help determine your saving capacity
• reward yourself when you reach budget milestones.

A Bridges financial planner can help you assess your individual needs, explain suitable investments and develop appropriate strategies.

 

In referring members to Bridges, Illawarra Credit Union does not accept responsibility for any act, omissions or advice of Bridges and its authorised representatives. Bridges have arrangements in place to pay referral fees to Credit Unions in respect of any members referred to them. Bridges may pay the Credit Union a fee ranging from 0% to 30% of the entry and/or on-going fee.