If you’re like most consumers, you may still be feeling the effects of the recession brought about by COVID-19. While some economic conditions have improved, some challenges persist.
Every economic crisis teaches us something. We find out which resources work and how to make the most of what we have. Some crises remind us what we’ve known all along.
We learned that the opportunity for prosperity is elusive for some. This is due in part to the lack of focus some financial institutions place on helping marginalized consumers make progress. I’m not saying some institutions don’t care about their customers. It seems enough attention is not given to truly helping.
At the Credit Union we have known that some households have budgets that are fragile. These are hardworking folks who put in the effort to take care of their loved ones. Yet the recession exposed weaknesses in their finances, making it hard for them to get ahead. So, when the economy soured, they had little reserves from which to pull resources.
History reveals another downturn will eventually happen. We can help you get ready.
Think about what has not worked for your family during this recession. Do you wish you had a bigger nest egg for a rainy day? Do you have a reasonable level of debt for your income? Are your credit rating and score acceptable to you? Does your budget give you room to save regularly? If you don’t like the answers to these questions, this is where your Credit Union can help.
LGFCU is here for you
We exist for ONE reason: to help you live your best life. We know how to help you save, pay off hostile debt and budget for a better outcome … to become more resilient to bad economic times.
Let’s get busy building a better future for you, your family and your community. Bring us your dreams and ambitions. Let us show you how to make the most of your finances. Let’s make the next recession easier to handle.
Email us to request the help you need.