Mid-Year Money Checkup: Is Your Budget on Track for 2025?
The year is already halfway over—can you believe it? July is the perfect time to take a breather and look at how your finances are shaping up. Maybe you set some savings goals back in January, planned to reduce debt, or just wanted to feel more confident about your money. No matter where you started, now’s the time to check in, adjust, and make the most of the rest of the year.
Step 1: Review Your Spending
Start by looking at your transaction history. Our mobile banking app categorizes your spending for you—look for patterns that may be off track. Are you dining out more than planned? Has that streaming subscription you forgot about quietly kept renewing? A quick audit can help you find small areas to cut back and redirect that money toward your goals.
Step 2: Revisit Your Financial Goals
If you set goals in January, pull them back out. Have you been able to stick with them? If not, it’s okay. Mid-year is a great time to adjust your expectations and make new, realistic goals that fit your current circumstances. It’s better to shift than to give up. As they say, the enemy of good is perfection.
Step 3: Automate Where You Can
One of the easiest ways to stay on track is to take the decision-making out of your hands. Consider setting up automatic transfers from your checking to a savings account on payday. Even $10 a week can make a difference over time. Ask us how to create sub-savings or club accounts for different goals—like holidays, emergencies, or that next big trip.
Step 4: Use the Free Tools Available to You
Your Legacy offers more than just basic banking. We have budgeting resources, digital banking tools, and free financial counseling sessions and workshops to help you take control of your finances. Whether you’re working to eliminate debt, improve your credit score, or start saving for retirement, we’re here to support you every step of the way.
Step 5: Celebrate Small Wins
Don’t forget to acknowledge the progress you’ve made. Maybe you paid down a credit card, built a small emergency fund, or stayed within your grocery budget. Those wins matter! Financial wellness is a journey, not a sprint.
Want help planning the rest of your financial year?
Visit the Your Legacy FCU branch in Tiffin or give us a call. Our team is ready to help you check in, reset, and move forward with confidence.
