No matter where you are on your financial journey, Mainstreet Credit Union is here to help!
This is an extremely exciting time in your life. Now is the time to really set your financial future on the right path to avoid headaches and worries down the road.
When it comes to financing a college education, there are so many options to choose from. Federal education loans, private student loans, scholarships, grants and more. The even bigger challenge is creating a plan to repay the amount you borrow.
How to create a solid plan to reach your financial goals:
Budget & Save!
Whether you have a steady paycheck or you get paid for walking the neighbors dog, plan to save a certain % every time. Even saving your spare change is a great way to establish good savings habits.
Watch Your Debt
Think you have more loans than you can handle? Check out our Student Loan Calculator to help you figure out how much you can save after each monthly expense.
Use student loans and credit cards wisely. What you borrow today, you must repay tomorrow.
Understand Your Credit
Your credit score is the most important grade you will ever earn. The higher your credit score, the better! Your good credit score helps with the next stage of your life: a new car, a new apartment, or even a new house. Start building your credit now, so you can enjoy the perks later.
Credit Scores also determine how much you will pay for things, including your cell phone! Understanding your credit score will make things easier in the future.
Visit a Mainstreet Credit Union branch to have a one-on-one meeting with a Member Experience Advisors to gain knowledge and insight on how to build your budget, how to limit your debt and how to build your credit. They will help create a solution to get you on the right path for success.