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Your first job is great time to establish healthy financial habits that will help you achive your financial independence and reach your goals. Gettings started is easy with the right tools; a TCU Checking Account, Debit Card and Savings plan are your basics. Creating a budget and using a financial management tool to organize and track your finances so you can see where you're spending and help you find ways to save. TCU Internet, Mobile and Text Banking are fast and secure solutions to get your account information on the go. Just follow the checklists below to get you on the road to reach your future goals!

Printable Checklist




A savings plan can help you reach your goals whether you’re saving for a car or planning ahead for retirement. The choices you make and the habits you form now may impact how much financial freedom you have through the years ahead. It is important to pay yourself first, which means putting money directly into your savings each time you get paid. The amount that you save will vary based on your income and debt, but start small and build on it. It’s not how much you earn, it’s how well you budget and save. Start Saving…

Have your paycheck direct deposited into your TCU Checking Account then set up monthly automatic transfers from your checking account to your Savings Accounts.

Sign up for Everyday Savings. Each time you use your TCU Debit Mastercard® for purchases the amount is rounded up to the next dollar and the change is automatically transferred into your savings. It’s so easy and every penny counts!


Example: Coffee = $3.42 + round up to $4.00 = $0.58 Saved
Gasoline = $31.19 + round up to $32.00 = $0.81 Saved
Music App= $.99 + round up to $1.00 = $0.01 Saved  


Customize the title of your Saving Accounts to reflect your savings goal; i.e. “car”. Having a visual is another way to help keep you focused on your savings goal.

There are many different emergency situations that can arise at any age and can be very expensive. Planning can help minimize the impact on your finances. Start an emergency Saving Account to be prepared for those unplanned expenses.



  • Vehicle Maintenance - i.e. oil changes, tires, tune ups and unexpected repairs.
  • Reduction in Income - experts advise setting a goal to save at least 3 months of your take home pay.
  • Health Issues – can arise at any age and can be very expensive.If available, take advantage of employer health insurance plans. If health insurance is not available through your employer, TCU Insurance Agency can help you with available options.
Your 20's are a great time to start your retirement planning because statistics show that time is on your side. Starting in your 20's gives you 40-plus years of investment earnings before you retire. Saving smaller amounts over a longer period of time is easier on your budget and gives you greater rewards in the end. If eligible, take advantage of employer sponsored retirement plans like a 401k. Many employers offer a matching program where you can get free money just for saving. Not participating is like turning down a raise; its free money! Get started on your retirement plan by contacting TCU Investment Services today.



Creating a budget is essential to reaching your goals. A budget is a plan that breaks down your income and expenses to show where your money is going; it’s your plan for spending and savings. Creating a budget helps you review and make adjustments to your spending habits to improve your overall financial situation. Focusing on your budget will help you look at your wants versus needs in order to reach your goals.

It’s easy with the right tools…

Use M3TM (My Money Manager), an online money management tool available through TCU Internet Banking that helps you manage your finances. It helps you make smarter decisions because it shows you where you’re spending the most. Finance Works™ helps you simplify your budget by helping you set spending and savings goals, track and pay bills, and set up alerts and reminders to keep you on track.

Stay connected with TCU Mobile & Text Banking; you can access your accounts, review transaction history and transfer funds on the go. It’s a great way to stay on top of your accounts!


Almost everything is connected to your creditworthiness. A good credit score can help you get a loan, rent an apartment, and even receive lower insurance premiums. Generally a good credit rating consists of paying your bills on time, not exceeding the credit limits on credit cards and having a low debt to income ratio, which means not all your income is going back out to pay debts. A negative credit score can prevent you from reaching some of your goals far into the future, so it’s important to use credit wisely.

Using Credit - Here are some things to think about:

Borrow for things that provide long-term value like a car or home. They not only help you invest in your future, but they positively influence your credit score year after year when you pay on time.

Credit cards are convenient, and with controlled use can help you establish credit for the first time. If you;

  • Make payments on time
  • Do not utilize a high percentage of your credit card limits
  • Pay balances off monthly or at least make more than the minimum payment and pay off the balance quickly.
  • Click on Establishing Credit to access additional information

TCU Learning Center


©2016 Teachers Credit Union. *If under 18 must have parent or guardian signature. See TCU Checking Account and Everyday Savings Terms and Conditions for details. See TCU Debit Mastercard® Terms and Conditions for details. Standard text messagng rates apply. New members are subject to a $7.00 membership fee and $5.00 initial share deposit. Other fees may apply as described in the common features. **Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC , a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.


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© Teachers Credit Union.   New members are subject to a $7 membership fee and $5 initial Share deposit. Any links to external websites are links to alternative sites not operated by TCU. TCU is not responsible for the content of the alternate site. The privacy and security policies of the alternate site may differ from those practiced by TCU. TCU does not represent you or the third party if you enter into a transaction with the third party.


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