Tuesday, April 16th at 5:30pm until 7:00pm
(sign in from 5:00pm to 5:30pm)
The Berry Center
8877 Barker Cypress Rd
Cypress, TX 77433
Annual Reports and Board of Directors Election
Refreshments and Chances for Attendees to Win Prizes
If you’re looking for deals this month, here is a list of the items that typically go on sale during the month of March:
Did you find “the one” and have decided to get married? Congratulations! Here’s a little financial advice to help your marriage start off on a good footing.
Hopefully, you’ve already talked about your respective finances and how you usually handle your money. Does one of you pay your bills on time and the other often get late fees? See where you differ and where you agree. Find a compromise you can both agree upon. Incompatible views on how to handle money are a leading cause of discord among couples, so to avoid trouble in your future, have these discussions now.
The following tips should also help you and your spouse stay on solid ground financially:
For those graduating soon, you’re probably going to start handling all your own finances (if you haven’t already started). Here is some financial advice to help you get a good start.
Student Loan Repayment
It’s important to know the total amount you owe and how much you’ll need to pay each month. There’s a repayment estimator online at https://studentloans.gov/myDirectLoan/repaymentEstimator.action. If you have multiple loans, you may want to consider consolidating so you only have one monthly payment.
Another good resource that answers the most common student loan questions is https://studentaid.ed.gov/sa/repay-loans/understand.
Create an Emergency Fund for unexpected expenses -- things like a car or laptop repair. Even if you’re paying off student loans, try to put at least $10 into a savings account each time you deposit a paycheck. Creating a cushion will help you avoid overusing your credit cards and getting into more debt.
Credit cards tend to have high interest rates, so try to use them sparingly. If you do use them, be sure to pay your monthly bill on time. Ideally, pay off the entire balance each month, but if that isn’t possible, then pay more than the minimum payment.
Stay on your parents’ health insurance policy until 26, if possible. If you’ve moved into your own apartment, get renters’ insurance. It’s not too expensive and it will reimburse you in case your apartment gets robbed, or your possessions are damaged by fire, severe weather, or vandalism.
Keep the electronic files of all your legal documents and contracts, but also keep a paper copy as back-ups and put them in a small filing cabinet or box. Also consider getting a fire-safe lock box to keep important documents like your passport, social security card, title for your car, and sentimental items.