5 Ways to Review Your Financial Fitness Before Year-End

Plus How B-M S FCU Can Help You End the Year Strong

As the end of the year approaches, it's the perfect time to pause, reflect, and check in on your financial health. Whether you’ve had a year of growth or faced unexpected expenses, performing a financial check-up now can set you up for a stronger, more secure new year. B-M S Federal Credit Union is here to help you stay on track with helpful tools, smart products, and personalized support. Here are five ways to review your financial fitness before the calendar flips:

1. Review Your Budget and Spending Habits
Start by revisiting your budget. Compare your actual spending to your planned spending over the past 11 months. Are there categories where you consistently overspend? Are you contributing enough to savings? A clearer view now can help you stay in control as holiday expenses ramp up.

2. Check Your Debt and Credit Health
Take inventory of your outstanding debt — credit cards, student loans, auto loans, or any other balances. Review your credit score (free once a year at AnnualCreditReport.com) and understand where you stand. If high-interest debt is weighing you down, consider a B-M S FCU Personal Loan to consolidate and simplify your payments. With fixed, low-interest rates and flexible terms, it’s a smart way to manage debt heading into the holidays and the new year.

3. Build a Holiday Spending Plan
Holiday shopping, travel, and celebrations can strain your wallet. Create a realistic spending plan now to avoid overspending later. B-M S FCU’s Holiday Club Account is the perfect solution to start preparing early for next year. By setting aside small amounts each month, you’ll have a ready-made fund just in time for the season — without relying on credit cards or draining your emergency savings. If you’re already a Holiday Club saver, enjoy the peace of mind as your balance is released this fall.

4. Reevaluate Your Emergency Fund
Did you tap into your emergency fund this year? If so, now is a great time to rebuild it. Ideally, you should have 3–6 months of living expenses set aside for unexpected situations. Even setting aside a small amount each week can add up. Use tools like automatic transfers through B-M S FCU’s mobile banking app to rebuild consistently and effortlessly.

5. Set Clear Goals for the Year Ahead
Reflect on your financial goals from earlier this year. Did you meet them? If not, what can you adjust? Start mapping out realistic goals for the new year — whether it’s paying down debt, saving for a trip, or buying your first car. B-M S FCU’s team is always here to help you set achievable plans and find the right products to support your journey.

Finish the Year Strong With B-M S FCU

At B-M S FCU, we understand the financial challenges and opportunities that come at year-end. With solutions like our low-rate Personal Loans and forward-thinking Holiday Club Accounts, you’re better equipped to manage expenses, reduce stress, and focus on what matters most — enjoying the season and preparing for a brighter financial future.