Who Is Ready to Hear a (Financial) Scary Story? | First Volunteer Bank

There are plenty of things to be scared about this Halloween, especially when it comes to ghosts, goblins and witches!

However, one thing you shouldn’t be scared about is your finances. Yet many people are terrified about the kind of story their finances are telling them on a daily basis.

Our team at First Volunteer Bank wants to share with you some scary financial stories so that you can steer clear!

Scary Story: No Budget

Did you know that one in three people living in the United States do not have a budget? How in the world do they know where all their money goes? Are they even able to save for retirement? What happens when something breaks?

Living without a budget is like flying blind. You need to know where every dollar is going and what road you are headed down when it comes to your finances. Therefore, if you are one of the many living without a budget, it is time to get one in place ASAP!

Scary Story: No Retirement Fund

Approximately 64% of people living in the United States are not ready for retirement. While we are all hoping for days at the beach and not a care in the world, it seems for many of us retirement is more of a dream than a reality. But it doesn’t have to be this way.

You have as much right to a retirement as everyone else. But you have to work for it to turn that dream into a reality. Start putting money back toward retirement today, as well as making sure you are taking advantage of any retirement plans offered by your work, such as matches to your 401(k).

Scary Story: No Savings

If your car were to break down or your washer were to stop working, would you be able to cover the cost? By having a savings account in place, you would be able to pay these unexpected expenses without having to break your budget or use credit.

No matter what your income might be each month, savings can be a part of everyone’s financial journey. Start adding a savings column into your budget today in order to start saving money for when the unexpected happens.

Are you ready to turn your scary financial story into a success story? Contact the team at First Volunteer Bank today to learn how we can help!