Building and maintaining a budget is key to financial success, but it’s also one of the biggest challenges for many people. Whether you’ve tried budgeting before and didn’t get the results you wanted, or you’re new to it, Union Savings Bank’s FutureTrack coaches can help you find a solution that works.

Why Budgeting is a Must

A budget isn’t just about tracking your spending—it’s about taking control of your financial future. A well-planned budget allows you to:

• Ensure your income is being used wisely. A budget helps you allocate your income toward necessities, savings, and even fun, without overspending or missing a payment.
• Plan for unexpected expenses. Life is full of surprises, but a good budget includes an emergency fund to keep you prepared for the unexpected.
• Manage debt and build credit. By planning your expenses and sticking to a budget, you can manage any existing debt, avoid accruing more, and work to build credit.

Key Budgeting Tips from FutureTrack

1. Track Your Spending: Use tools like online banking and mobile apps to keep an eye on your daily transactions. This will help you identify patterns in your spending.
2. Allocate Funds to Savings First: One trick to effective budgeting is paying yourself first. Set aside a percentage of your income for savings before you spend on everything else.
3. Set Realistic Goals: Whether it’s buying a home or saving for a vacation, setting clear, achievable goals can keep you motivated and on track.

No matter your starting point, a FutureTrack coach can help you call the right plays for your financial future.

End the year on a high note by scheduling a meeting with a FutureTrack coach today—it only takes 15 minutes! With their guidance, you’ll be ready to tackle 2025 with confidence and a clear financial plan. Get started today!