Jan 2023 Tip Sheet – Managing Money

When costs and interest rates rise and savings and investments
dip, it’s no surprise that many individuals find themselves
experiencing financial strain and stress. Start to take control of
your financial situation by following these tips:

•  Assess your cash flow and develop a budget based on your
  lifestyle and goals
• Remember that markets go through cycles; avoid emotional decisions and
  adjustments
• Prioritize savings and start an emergency fund
• Assess your tolerance for risk when it comes to investments
• Review insurance coverages to be sure you are adequately protected
• Connect with a Money Coach, available for a free 30-minute consultation
  through your Employee Assistance Program

Peace of mind starts with developing a plan. Call the number in the attachment today to speak with a Money Coach.