4 action steps toward financial freedom in the summer
The summer months are often filled with weddings, graduations and long-awaited vacations. For the engaged couple, planning a wedding can be very exciting. While couples are deciding important details like where to live or where to spend their honeymoon, statistics indicate that finances can often be the number one problem in marriage and a leading reason for divorce.
Whether you’re planning the wedding of your dreams or a well-deserved vacation, the road map to financial freedom is paved with important steps that you should take. Springboard recommends the following action plans for your journey:
No amount of budgeting and money management skill can get you through a crisis like a serious medical emergency if there is no medical coverage. Similarly, should an auto accident occur without proper liability coverage, it’s likely that the damages will be insurmountable.
Spend money only on things you need as opposed to things that you want. Setting up a household budget will help guide you down the path of financial freedom.
(4) Gain Knowledge
Commit to personal education about financial health, budgeting, credit and personal debt. The more you understand about your finances, the more you’ll be able to mange them effectively. To help you take control of your financial future, Springboard’s books, Power of Paycheck Planningand Consumer Guide to Good Credit, are available for free download. Please visit the “Resources” section of our website at www.credit.org or if you are without internet access please call us at 1-800-947-3752 for printed copies of our educational materials.
Author: Todd Emerson, President and Chief Executive Officer
ABOUT SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT
Springboard Nonprofit Consumer Credit Management is a 501(c)(3) nonprofit personal financial education and counseling organization founded in 1974. Springboard is a HUD approved housing counseling agency and a member of the National Foundation for Credit Counseling, a national organization of nonprofit credit counseling agencies. The agency offers personal financial education and assistance with credit counseling, housing counseling, debt and money management through educational programs and confidential counseling. Springboard is accredited by the Council on Accreditation, signifying high standards for agency governance, fiscal integrity, counselor certification and service delivery policies. The agency provides pre-bankruptcy counseling and debtor education as mandated by the bankruptcy reform law. The agency has locations in California, Arizona and Nevada and offers face-to-face and nationwide phone counseling services. For more information on Springboard, call 1-877 WISE PLAN (1-877-947-3752) ext. 7750 or visit their web site at www.credit.org.
