Create Your Budget
We all know that budgeting is essential to being a wise money manager, but sometimes the task can be overwhelming and turns into a project that is easily put off for another day. Don't worry! ICCU is here to make budgeting easy with several different tools for you to use. There are so many different ways to budget your income and expenses, so it is important to pick the best one for you. Another important step is to make sure you being realistic in your income and the amount you spend. Once you have created your budget, you can set up different goals to work towards. A budget is only good if you are able to stick to it. Happy Budgeting!
Budgeting Tools
MoneyDesktop
Login to It'sMe247 Online Banking and click on the "Personal Finance" tab at the top to enroll in MoneyDesktop. Use your account information (and add your non-ICCU accounts) to get a full picture of your finances. You can set goals, manage debt payments, and view spending trends all in one secure place.
Budget Analyzer
Type in your numbers and print out the reports
Budget and Planning Worksheet
Print out the worksheets and fill in the information
You've come to the right place! ICCU offers several resources to help you create a budget that works for you.
- If you don't know where to begin, you are welcome to sit down with a Financial Service Representative, who can work with you to create a reasonable budget that you can stick to.
- If you feel like you have a decent handle on how much you spend and save, you are welcome to use ICCU's Financial Planning and Budgeting worksheets for a pen and paper way to structure your plan.
- ICCU also has a fantastic online personal finance manager, located securely inside It'sMe247 Online Banking, called MoneyDesktop. MoneyDesktop is an easy way to see all of your finances and bills in one place -- even accounts that aren't with us, keep track of where your money goes, and figure out how to keep more of it! Click here to find out more.
- To get started with MoneyDesktop, simply login to It'sMe247 Online Banking and click on the "Personal Finance" tab.
- Use ICCU Mobile to access MoneyDesktop with your smartphone.
Cosigners lend their names and good credit histories to the person requesting the loan. Should this person be unable to make payments, all responsibility for meeting the terms of the loan transfers to the cosigner. An often-overlooked aspect of cosigning a loan is the fact that the loan appears on both the maker's and cosigner's credit reports. Be sure to consider these responsibilities carefully before cosigning on a loan with someone else.
It might be tempting to view your 401(k) as a source of emergency funds, but before you dip into your retirement account for cash, explore alternatives. The Everyday Quick Cash Loan may be a great option!
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