We’ll be closing at 1:30 pm on Tuesday, July 30 for an All Staff Meeting. We’ll resume regular business hours the following day, July 31.

Sign in

Tools and tips for managing your finances

Declare Your Financial Independence

Independence has unique context and meaning for each of us. Regardless of what label best fits this particular stage in your life—employee, parent, student, teacher, or traveler—having a sense of financial safety makes a big impact on the quality of our life. We all deserve to feel secure in our financial future.

If you’re anxious about high interest credit card debt,  your credit health, or even just habits that haven’t served you, financial independence for you might mean alleviating that worry. Here are three (free!) resources that can move you closer to financial independence—wherever you’re at.



Build a Budget

We talk about budgeting a lot here at GreenPath: why it’s important and how to build one. A realistic budget is what allows us to take control of our money and allocate it in a way that aligns with our big picture goals and values. But budgeting isn’t just about creating rigid limitations; it’s about making intentional choices that move us closer to our money milestones and lessen future anxiety.

If you like starting with a loose framework, consider the 50/30/20 model: allocate 50% of your income to essential needs like rent and groceries, 30% to wants for entertainment and dining out, and 20% towards savings and debt repayment. This method ensures your essential needs are met, allows some flexibility for fun, and keeps you moving toward long-term financial goals.

Greenpath’s Budget Calculator


Invest in Financial Education

In high school, we learn geography, algebra,  and social studies, but did you ever have a course on how to finance a car or navigate student loans? As adults, many of us learn to manage our money simply by doing, but with free online education, learning best practices is as simple as picking up your smartphone.

When it comes to achieving financial independence, having an educational foundation can simplify the process of home purchase. Or help determine which debt repayment path is right for you. Wherever your priority lies, be proactive in seeking the knowledge that can move you closer to your end goals.

Greenpath’s Financial education courses


Get Inspired

Chances are, if you’re not struggling in our current economy, you know someone who is. But how often are any of us candid about the mental or emotional barriers we face?

Creating a realistic budget and investing in your financial knowledge can strengthen your financial foundation, but there’s something else that brings peace of mind: knowing your burden is shared. Whether it’s the father who grappled with crippling law school debt or the woman who overcame financial abuse, there is solace in hearing firsthand that endings are often better beginnings in disguise.

By tapping into financial resources—either those we’ve highlighted here or others—you’ve taken the first pivotal step towards declaring your financial independence. Stay focused and forgive yourself when setbacks occur. Stay connected with like-minded individuals who can provide support and accountability where you need it. Celebrate your progress along the way, no matter how small.

Financial independence is not an endpoint; it’s a continuous commitment yourself to be mindful with your money, prioritize the goals that matter most, and create a life that honors your definition of fulfillment.

Greenpath’s REal $tories Podcast


First published by Tara Spicer and our trusted financial wellness partners at Greenpath.com

The material and information contained here is for general information purposes only. You should not rely upon the material or information on the website as a basis for making any business, legal, or any other decisions.

Whilst we endeavor to keep the information up to date and correct, PFCU makes no representations or warranties of any kind, express or implied about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services or related graphics contained on the website for any purpose. Any reliance you place on such material is therefore strictly at your own risk.


Category:



Recent Articles

Search