Financial Fitness Challenge

Set your goals

Begin to get your finances organized by setting your goals. When it comes to healthy money habits, it can help to have objectives in mind. Be sure to consider short-term goals as well as the things you want to achieve longer term. Use myVoyage to set savings goals and work towards them throughout the year.

Build a budget

A budget is essentially a way to manage the money that is coming in and out every month. Create a budget to help get your finances organized, see where your money is going and find ways to spend less. You can use the budgets feature in myVoyage to automatically generate budgets based on your spending or manually create your personalized budget.

Manage debt

Imagine what it will be like when you don’t owe anyone anything. Along with saving for your emergency fund, if you have any personal debt, credit card debt or student loans you can commit to paying it down while still having fun. Add your debt accounts in myVoyage to help you stay on track.

Build an emergency fund

Life is full of surprises. Shield yourself from the unexpected by building an emergency fund to cover three to six months of expenses. To help save time, take advantage of automated saving options. Create an emergency savings goal in myVoyage to help you get started.

Save for retirement

Consistently saving as much as you can for retirement now may pay off later. Here are a few ways to start saving for retirement.

• Contribute to your retirement savings plan or open an IRA.
• If your employer offers matching contributions, consider taking advantage of them.
• Consider a Roth IRA or Roth contributions to your employer’s retirement plan for a more flexible way to save for retirement.
• Stay on track with automated savings options.
• Conduct an annual review of your investments to ensure they continue to match your goals.

Check in on your savings progress with myVoyage to see how much you'll need in retirement and whether you’re on track.