Could you use a “snapshot” of your financial situation? Many of us believe we have a pretty good handle on where we are, money-wise. However, stress, denial, life changes and plain old disorganization can cause many of us to have unrealistic views of our economic health.

Salal Credit Union has a tool that makes it easy to get a quick, actionable look at where you are financially: Debt in Focus. This free, confidential, online program takes only a few minutes to complete. Simply answer some questions about your income and expenses, including the amount of debt you’re carrying. The result is a quick but comprehensive look at your financial situation, with suggested future goals and ways of reaching them. You never enter in identifying information, so there’s no worry about security or identity theft.

From the “Results” page, you’re invited to review possible payment plans, design a workable budget, see which Salal products and services can help you reach your financial goals, and explore options for your particular stage of life.

If you think your finances might be worth a few minutes of examination, you can access the Debt in Focus tool directly from our website, salalcu.org. Simply click on the “Debt Management” link on the right side of the homepage. Let us know your thoughts on the Debt in Focus tool on Twitter (@SalalCU) or Facebook (facebook.com/salalcu)!

Filed under: Financial News and You, Money management tips by admin