Financial Wellbeing Week Four - Shock-proof Your Budget

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Week Four

 

Shock-proof Your Budget

Congratulations! It’s the final week of your Financial Wellbeing program. Watch for a message next week. We made this for you.

Learn

Unexpected expenses often challenge budgets and confidence. A successful budget sets money aside for surprises such as car repair, celebrations, and family emergencies. Experts advise keeping three months of salary available for a cushion, but start with whatever you can afford.

Do

Make the unexpected a separate line item in your budget.

  • Set aside whatever you can. You’ll see how quickly it grows and how good it will make you feel.

More

Review previous articles such as Seven Simple Savings Steps to Dream and Financial Goals- Staying Focused And Motivated to help you stay on track.

Call LifeMatters, your EAP and Work/Life program at 800-657-3719 or use the LifeMatters website (password: “stmn1” )for personalized, no-cost consultation with certified credit counselors regarding financial concerns and goals. LifeMatters is available 24/7 as a benefit for State of Minnesota employees and their family members.

 

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