Four Ways to Makeover Your Money in 2016
01/12/2016
It is a new year, and now it can be a new financial you. Take this opportunity for a fresh start and set your fiscal priorities for 2016. Here are four ways you can makeover your money this year.
Set Financial Goals Early
Want to book a vacation or save up for a new home? Decide what is important to you early in 2016 so you have time to set money aside. Review your household income and monthly expenses to determine how much you can save in a certain time period.
Get Your Credit Score & Report
Your credit score affects your creditworthiness to banks, credit card companies, and lenders. It reflects how you manage the financial responsibilities listed on your credit report. Consumers should review both their credit score and report several times a year for accuracy at annualcreditreport.com.
Review Your Account Statements
Always review your account statements to protect yourself from fraudulent charges. With Solvay Bank's mobile banking app, our customers can review their account quickly to make sure they have not been compromised.
Save Up For The Future
Save today so you can fulfill your dreams of sending children to college or retiring early. Utilize financial products such as a Coverdell Education Savings Account or an Individual Retirement Account to make these goals a reality.