Craft a Financial Plan to Support Your Past, Present and Future
Saving isn’t just about retirement — it’s about paying off debt, preparing for emergencies and building toward long-term goals. America Saves Week, April 7-11, is the perfect time to reflect on your financial priorities and strengthen your financial health.
Start with the Your Money Personality quiz in myVRS Financial Wellness. This short assessment helps you understand your saving and spending habits, giving you a foundation for setting meaningful goals. Then, tap into a personalized library of articles, videos and start-here guides to lead you through each step.
Dive deeper with these three topics and resources in myVRS Financial Wellness, aligned with this year’s America Saves Week theme of saving for your past, present and future.
Managing Debt
Paying down debt — whether it’s credit cards, student loans or medical bills — is an important first step toward financial stability. High-interest debts cost more the longer they linger, so addressing them can free up funds for other goals.
- Getting Started With Managing Debt: Practical tips to create a repayment plan.
- Determining Your Appropriate Debt Load: A short video to help you assess and prioritize repayment strategies.
Saving for Emergencies
An emergency fund protects you from unexpected expenses, like medical bills or car repairs, which can derail your finances. Even small contributions can add up over time.
- How to Save for the Unexpected: A step-by-step guide to building your safety net.
- Setting a Realistic Timeline for Saving an Emergency Budget.
Building Toward Long-Term Goals
Long-term goals, like retirement, education or buying a home, benefit from early and consistent saving. Setting clear priorities and using the right tools can help you stay on track.
Read the start-here guide, Getting Started With Managing Your Money. Or dive into a specific interest, such as:
Log in to myVRS Financial Wellness to explore these resources and start planning your financial priorities now so you’re all set for America Saves Week.
