5 Ways to Spend Your Financial Windfall
Manage Your Money
Hurray! You’ve come into a recent financial windfall whether it be from a tax return or other means.
You can happily splurge and spend it, OR you can thank your future self by being thoughtful in your approach.
Here are 5 ways to enjoy your money while also setting yourself up for future success.
- Save it. With great rates, opening up a share certificate account now will allow your money to grow resulting in even MORE money in the future.1
- Pay down debt. Look at your interest rates and debts owed. Is there any high interest rate debt you are tired of carrying? Now is a wonderful time to put more towards the principal.
- Spend it. Don’t forget to enjoy a bit of your recent windfall and treat yourself to something you’ve had your eye on for a while.
- Invest it. Did you know you can stop by any branch to talk to a financial professional about your goals? We also have Broadview Wealth Management which provides complimentary financial consultations for all members.
- Give it. Sharing the wealth can be a beautiful thing. If there’s a favorite non-profit you’ve been hoping to donate to, now is the perfect time. Unsure where to give? The Broadview Giving for Good program provides funds and support to not-for-profits throughout the community.
Finding the right balance of giving, saving, investing, and paying down debt along with treats sprinkled in along the way will have you feeling great!
