Kickstart Your Year With Smart Financial Habits — Tips From Gundersen Credit Union

As we welcome a new year, there’s no better time to focus on your financial health. At Gundersen Credit Union, we’re dedicated to supporting members with tools, guidance, and community-centered financial solutions that help you thrive.

Here are some practical financial tips to help you start this year off strong:

1. Define Clear, Achievable Financial Goals

Setting clear financial goals gives you a roadmap for the year. Whether you’re aiming to build savings, reduce debt, save for a big purchase, or plan for retirement, make your goals specific, measurable, and time-bound. Break larger goals into small, actionable steps that you can follow month by month.

🔹 Example: “Save $1,200 for an emergency fund by year-end” is easier to track than “save more money.”

2. Build (or Strengthen) Your Budget

A budget is one of the most powerful tools for gaining financial control. Start by tracking your monthly income and expenses, categorizing spending into needs, wants, and savings. Adjust areas where you can trim spending, and make sureyour budget reflects your priorities.

Automating savings — even a small amount each month — can help you stay on track without extra effort. We can help you set up automatic transfers to your savings accounts.

3. Grow Your Emergency Fund

Life can be unpredictable — having an emergency fund can protect you from unexpected costs like car repairs, medical bills, or temporary income changes. Aim to set aside at least three to six months’ worth of living expenses, contributing regularly and consistently throughout the year.

Even small, steady contributions can add up over time.

4. Pay Down High-Interest Debt

Carrying high-interest debt — like credit card balances — can slow your financial progress. Focus on paying more than the minimum payment each month, and consider strategies like the “debt snowball” (paying smaller debts first) or the “debt avalanche” (tackling the highest-interest balances first).

Reducing debt not only saves money on interest but also improves your financial flexibility. Talk to a member service representative to discuss options like a personal loan or debt consolidation.

5. Take Advantage of Credit Union Benefits

As a member of Gundersen Credit Union, you have access to personalized financial services tailored to your needs. From competitive savings rates to affordable loans, our products are designed to strengthen your financial future.

Consider scheduling a financial review with one of our team members — we can help you assess your goals and recommend strategies that work for your unique situation. 

6. Make Saving Automatic

Automating financial tasks removes the guesswork. Set up automatic transfers to savings or retirement accounts and schedule automatic bill payments to avoid late fees. Automation helps you prioritize savings and stay on top of your financial goals with minimal effort.

Start Strong in 2026

Your financial journey is personal — and it’s unique. With clear goals, smart planning, and the right support from Gundersen Credit Union, you’re setting yourself up for a year of growth and confidence.

Here’s to your financial success in 2026 and beyond — let us help you reach your goals every step of the way!