Chartway Credit Union’s Post

Paying yourself first is a personal finance hack to automate your money to go where it needs to go before you spend it. The more you can automate your finances the better probably you have of staying on track and accountable with your financial goals.

Introducing HoneyBook Finance! 💵 A new suite of tools that simplifies finances and unlocks insights, all from your HoneyBook account. Now you can manage your money where you manage your business. Gain financial confidence, take control of your money, and get visibility into your financial health with tools like: → Cashflow planner: Keep track of money coming in and out of your business to ensure you earn more than you spend. → Business debit card: Tag transactions by project and automatically categorize purchases so you have full visibility into your spending. → Savings buckets: Automatically allocate a percentage of payments toward different savings goals, whether for taxes, expenses, or a little bonus for yourself. → And so much more! Unlock the financial freedom to grow on your terms. Learn more about HoneyBook Finance: https://bit.ly/3BIBwXw **HoneyBook is a software company, not a bank. Banking services are provided by Lincoln Savings Bank, Member FDIC. HoneyBook Visa Debit cards are issued by Lincoln Savings Bank, Member FDIC. HoneyBook is not FDIC insured. FDIC insurance only covers the failure of an insured bank.

We know financial planning is a struggle for independent businesses, so we built HoneyBook Finance to solve that pain point 🚀

HoneyBook Finance is here! I'm incredibly proud of the team for this launch, and especially our lead PMM, Rachel Brender Ziv, for leading the charge! HoneyBook Finance was created with independent business owners in mind, addressing their need for greater control and clarity around their finances. With over $11 billion earned by businesses on HoneyBook,  we knew we were in a position to make it easier for these businesses to put their money to work. The magic? When members receive payments through HoneyBook, they can immediately access those funds to spend on their most pressing needs, allocate funds to savings buckets for things like taxes, and get a complete picture of their money-in and money-out. And that's just the beginning. HoneyBook Finance isn't just about making finances more convenient for small businesses, it's about giving them more agency over their funds and confidence in their cashflow, so they can make informed decisions that keep their business moving forward.

Figuring out which checking account is the best for you can be confusing. (What’s the difference between earning interest and earning dividends, anyway?) Whether you're a student or a seasoned professional, understanding the right account type can be wildly helpful for you and your financial goals. Check out our latest guide for the info you need to succeed! 🌐💡 https://717cu.pub/3HRH7KT

What does it really mean to be financially responsible? 🤔 Simply put, you have to spend less than you make. But hitting your minimum credit card payments doesn't cut it. Here's everything you should be considering, and how a financial advisor can help. ⬇️ #KWealthAdvisors #financialplanning #financialfreedom #financialresponsibility #investing

At Addition Financial, we offer two great ways to boost your savings: the Savings Plus account and the Growth Plus Money Market account. But how do you determine which one aligns best with your financial goals? Our comprehensive guide delves into the differences, including helpful information to lead you toward choosing the right account for you.

Set it and forget it is never a good strategy. Whether it is mid year, quarter or end of year, the elements touched upon in this article should always be front of mind. More importantly, these are conversations you should be having with your financial advisors frequently. If they are not calling you to do so, you need to take the initiative and provoke that discussion. Unfortunately, our financial advice industry is quite disparate in its customer contact and communication policies. For example, the postcard reminder practice used by most dentists to get you in the chair for a cleaning or checkup, has no reasonable equivalent in our industry, and many advisors are more focused on getting new clients than they are prone to properly serving their existing clients. Even more regrettable, I fear it will get worse as the consolidation trend continues, coupled with the scarcity of qualified advisors in the marketplace. If you sense you are getting the cold shoulder or are being ghosted by your advisor’s office, take action. After all, it is your money and your life, and you should not have to beg for attention from someone who gets paid to do a job. Time to connect your soul to your money.

Are you missing out on opportunities? Keeping too much money in your checking account might be holding you back from maximizing your financial potential. This article from Business Insider breaks down why diversifying where you keep your cash can be a smarter strategy for growth. Are you making the most of your money? Let's review your financial goals. #FinancialTips #SmartMoney #FinancialPlanning

💳 Are You a Credit Card Person? Here's How to Find Out! Not everyone benefits equally from credit cards, so how do you know if they’re right for you? Understanding your spending habits, budgeting discipline, and financial goals is key. Are you great at paying off balances, or do you find yourself juggling debt? Credit cards can offer rewards and convenience, but they’re not one-size-fits-all. This post helps you explore the signs that indicate if credit cards fit into your financial toolkit—or if another payment method might be a better fit! https://lnkd.in/efXxBqkE #PersonalFinance #CreditCardTips #FinancialHealth