SeaComm Federal Credit Union OFFICIAL BLOG

3 Ways You Can Be More Financially Responsible

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What does it mean to be financially responsible? It’s simple; to be financially responsible, you need to live within your means. And to live within your means, you must spend less than you earn. Continue reading to discover three easy ways you can spend less, and become a more financially responsible person!



Pay attention to interest. Do you have a credit card or loan that is costing you a substantial amount of interest each month? Paying interest on anything means that you are spending more on that item than the purchase price.

While avoiding interest is nearly impossible for most of us, it is possible to minimize the amount you spend on it. When applying for credit cards or loans, be sure to shop around for the most competitive interest rate. Speak with a SeaComm representative today to discuss the best low-rate loan options to fit your lifestyle! Call us at (800) 764-0566 or visit your nearest SeaComm branch location.


Pay yourself first. For example, when your direct deposit hits your checking account, deposit a set amount into your personal savings account before you have a chance to spend it on unnecessary purchases! Doing so on a regular basis will ensure that you build an emergency fund, for whenever the unexpected occurs.


Don’t try to keep up with the Joneses. Financial responsibility means doing what you have to do to take care of your needs, and the needs of your family. Instead of focusing on what your friends and neighbors have (and trying to match that,) spend your time striving to accomplish your own individual financial goals. Too often, people feel the need to have the nicest cars and appliances, only because others have them!

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