Weyburn Credit Union - Financial Well-Being

dogged

in your determination to live your best life

unstoppable

when she needs a hand up

gutsy

& gritty when it comes to goals

dauntless

in adversity, resilient in storms

relentless

in pursuit of real financial well-being

Check out Enrich!

Kickstart your financial wellness journey with personalized tools and resources. Start with a quick financial checkup—get tailored recommendations in under 5 minutes, plus access to tools, content, and courses designed to help you reach your goals!

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Check your Financial Health Score

It's a small but mighty assessment! Eight easy questions on the eight indicators of financial health.

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Discover Your Money Personality

Take the first step to smarter finances! This quick quiz reveals your money habits and helps you make confident financial choices. Ready to begin?

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We created this (more than) Money Journal just for you!

Explore and improve your relationship with money through journaling. Our journal will also help you create a vision for your life and guide you to purpose-driven action.

Download the journal now. Or if you like to put pen to paper, pick up a journal at your local branch! But hurry, only limited quantities are available.

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Financial well-being is seizing the opportunity to thrive

Financial well-being means doing good things with your money – not in the great good sense – but that you are competent in day-to-day money management know-how. It's not just about having money, but it’s about managing it. As well, it's about having the ability to withstand and recover from unexpected financial adversity.

More than that, it's about feeling good about your money. It's about being at peace with your money. It's a sense of balance and security that you are setting goals that are important to you and working toward those goals. It’s about the confidence that comes from making informed choices that lead to better financial health today and a brighter, more resilient future.

There are four components of financial health: Spend, Save, Borrow, and Plan. These components mirror your daily financial activities. What you do today in terms of spending, saving, borrowing, and planning either builds towards or detracts from your resilience and ability to pursue opportunities. For example, will you be able to handle a car breakdown or an extra medical bill? Will you be able to save for college or go on your dream vacation?

You are financially healthy when you...

Spend

1. Spend less than your income

2. Pay bills on time and in full

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Save

3. Have sufficient liquid savings

4. Have sufficient long-term savings

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Borrow

5. Have a sustainable and manageable level of debt

6. Have a prime credit score

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Plan

7. Have appropriate insurance

8. Plan ahead financially

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Buying Your First Home

Take the stress out of homebuying. Learn the key steps, from saving for a down payment to understanding mortgage options, and feel confident as you make your biggest investment.

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Saving for Retirement

Start building your future today. Discover how small steps can lead to big savings and learn strategies to help you retire with confidence—no matter where you’re starting from.

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Preventing Fraud

Stay one step ahead of scammers. Learn how to recognize and avoid common fraud schemes so you can protect your finances and personal information.

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You don't have to do everything today. In fact, most of us can't possibly do it all. So, take a breath and relax. What we can do is take the next best step. That next step may be little, but it can have big impact. Not only is it good for your financial health, but it's good for your mental and emotional health too! You learn, you grow, you celebrate, and you build your confidence. Pretty soon you'll be taking another step. And another. Before you know it, you'll be running full speed, living your best life.

Here are 11 little steps with big impact:

Define your goals
Explore Money Mindfulness
Find out your Financial Health Score
Take the Your Money Personality quiz
Build a budget - here's a quick course to help you get started
Start an emergency fund - opening one online or through our Android or Apple app is effortless
Put your bills on autopilot - you never have to worry about forgetting to pay a bill when they are set up for pre-authorized payments!
Begin an automatic monthly savings plan - it's as easy as setting up a recurring transfer online or through our Android or Apple app
Walk through an insurance needs assessment - and bring it with you for a meeting with a Credential Financial Strategies Inc. advisor
Create your Financial Plan
Make (or update) your will

Or, it can be as easy as having a conversation; your financial well-being is our only focus. Book a meeting online or give us a call at 306.842.6641.

See how smart investing can help you reach your goals faster.

Check out our handy savings calculators.

Calculators

Check out our Financial Literacy Hub for helpful tips, articles and resources.

Know-How

Crash Course on Credit Cards

Before your first-year university student even unpacks, he or she may be offered two or three credit cards. That’s why it’s so important to home school your children in Credit 101 and give them ground rules for using credit before they even leave home.

The Keys to Financial Freedom

Are you living paycheque to paycheque, looking to put some money away in a savings account? Or maybe you’ve got some money saved up, but have no idea what to do with it. If you are ready to improve your financial situation, here are simple and easy steps you can take in order to get to where you want to be financially.

Ignite Your Wanderlust

The Credit Book

Before making a decision to use credit, there are certain facts you should know – both in regard to your own financial position and about the types of credit available to you. This booklet will help you make better, brighter, more informed credit choices.

Financial Well-Being

Seize the opportunity to thrive

WARNING! Investing in your financial well-being

may have life-altering side-effects.

Are you ready to begin?

Check out Enrich!

Check your Financial Health Score

Discover Your Money Personality