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Your Mid-Year Financial Check-Up: Staying on Track in 2025

It’s July—halfway through the year and the perfect time to revisit your finances. Whether you're crushing your goals or need to pivot, a mid-year review can help realign your financial plans for the rest of 2025.
 
Step 1: Revisit Your Budget
Have your expenses or income changed? Life happens—new jobs, inflation, travel plans. Take time to:
  • Review what you’ve spent the past 6 months
  • Identify any categories where you're overspending
  • Adjust your budget to reflect your current situation
     
Pro tip: Use our online banking tools to track spending trends by category!
 
Step 2: Check on Your Goals
Did you set financial goals in January? Now’s the time to ask:
  • Are you halfway there?
  • Do the goals still make sense?
  • Can you boost your monthly contributions?
     
Common mid-year goals include:
  • Saving for holiday expenses
  • Paying off credit card debt
  • Boosting emergency savings
     
Step 3: Evaluate Your Debt Strategy
If you’re carrying high-interest debt, review your repayment plan. Consider:
  • Using the snowball or avalanche method
  • Consolidating for a lower interest rate
  • Setting auto-pay to avoid late fees

Step 4: Optimize Savings & Investments
July is a great time to:
  • Check your 401(k) or IRA contributions
  • Add to a vacation or emergency fund
  • Explore our savings products or CDs
     
If you haven’t yet, consider automating your savings—it’s one of the easiest ways to reach your goals without thinking about it.

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