Forgot?New User Enrollment
First time user? Enroll now. Forgot?
×
Thank you for your interest in learning more about Community First Bank. Please browse our categories for additional information.
Sunday, November 30, 2025/Categories: Bank News, Financial Education
As the year ends, now is the perfect opportunity to evaluate your financial habits and identify areas for improvement. At Community First Bank, we’re committed to helping you achieve financial confidence and security. The daily financial decisions you make can shape your future stability and goals. Leaving behind poor financial habits in 2025 can set you up for a brighter and more secure year ahead.
Here are a few habits to consider leaving behind:
Without an emergency fund, unexpected expenses—like medical bills, car repairs, or job losses—can derail your finances. Experts advise saving at least three to six months’ worth of living expenses in a separate, easily accessible account.
Procrastinating on retirement planning means missing out on the benefits of compound interest. Start contributing to a 401(k), IRA, or other retirement account as early as possible, even if it’s a small amount. Many employers will match a percentage of your retirement contribution—don’t leave that money on the table.
Avoiding personal finance topics can feel easier, but knowledge is power. Understanding basic financial principles empowers you to make smarter decisions. Explore free online resources or attend workshops to boost your confidence.
Overspending on non-essentials can quickly lead to debt. Relying on credit cards to finance a lifestyle you can’t afford often results in high-interest payments and stress. Combat this by creating a realistic budget and prioritizing saving over splurging.
Small, frequent purchases add up fast. Use budget apps or a simple spreadsheet to monitor expenses and set limits for each category. Awareness is the first step toward better financial choices.
Retail therapy may feel good in the moment but often leads to regret. Practice the 24-hour rule: wait a day before making non-essential purchases. You might find you don’t need the item—or forget about it altogether.
At Community First Bank, we’re here to help you build healthy financial habits for the year ahead. Connect with one of our experts today. Contact Community First Bank | Community First Bank
Article provided by the Wisconsin Bankers Association (WBA).