- Money Management
- Children
It’s called the “Sandwich Generation.” And it has nothing to do with anyone’s eating habits. Instead, the phrase refers to adults who are caring for aging parents at the same time they’re raising children.
It’s called the “Sandwich Generation.” And it has nothing to do with anyone’s eating habits. Instead, the phrase refers to adults who are caring for aging parents at the same time they’re raising children.
Life changes a lot as we grow older, including how much money we spend and how we spend it. There are a lot of new expenses that come with age and these costs can be overwhelming if they creep up unexpectedly.
The first step in dealing with any financial setback is to assess the situation. Take stock of your current financial standing, including your income, expenses, debts, and savings. In some cases, it is easy to see why the setback occurred but sometimes setbacks can occur through a series of subtle events.
It’s the new year, and January is Financial Wellness Month! We’re celebrating by offering our members resources and tips to gain financial security and freedom.
Explore these strategies to lower and successfully manage debt for a stronger financial future.
The start of a new year is the perfect time to ensure your financial life is on the right track. Dominion Energy Credit Union is here to help!