Budget Planning and Debt Reduction
Creating a budget is the best way to improve your money management behaviors. It allows you to understand how much money you need each month to pay for your necessary expenses and to reach your financial goals.
Work with a financial coach to create a balanced household budget based on your monthly income and expenses. If needed, you can review the amount of debt you owe to creditors and create a realistic payment plan to pay those amounts down.
You will gain a better understanding about your relationship with money and you will gain tools to improve your behaviors to decrease any debt.
Monterra Credit Union provides multiple financial calculators that help you make informed choices about your finances.
