HOW CAN I BUILD A STRONG FINANCIAL FOUNDATION?

With your money management skills about to swing into full gear, you need to re-evaluate your budget to include loan repayment, extended housing expenses, utilities, and even retirement. Let us help you gain perspective on your financial future.

Assessing Your Accounts

Your college checking and savings accounts have served their purpose, but it's time to update the way you manage your money. Start by looking at how you like to handle your finances. If you enjoy managing your accounts online then set up a checking/savings combination that fits your needs. Consider the Command Asset Program, which combines banking and investing services into one relationship so that you can benefit from higher interest rates as well as unlimited checking and online services.

Wachovia Checking Account Products

Wachovia Savings Account Products

Wachovia Securities Asset Management Accounts

Building a Strong Credit History

Keep up the good credit you've started. If you own a credit card, use it wisely to make planned purchases and pay off the debt at the end of each month to avoid interest costs. If you don't own a credit card, Wachovia can help you find one that meets your needs. Be sure to make your payments on time—this includes your student loan. You need a strong credit history to qualify for major credit purchases like a car or a home.

Money Management Guide

Credit Cards

Keep Your Credit Under Control

If you have existing debt on credit cards along with other loan obligations, you may want to consider consolidating your debt. Credit debt is one of those things that tend to creep up on our finances before we realize it. If you need help getting your debt under control, we'd be glad to help.

Locate a Financial Advisor at a Branch Near You

Debt Consolidation Guide

Retirement or Repayment?

If you're trying to decide whether or not to pay off your student loan or start saving for retirement, think about this—your student loan payment is set and will be paid off in the future, but your retirement savings will only be there if you start saving today. In other words, it makes more sense to pay your minimum monthly loan payment and set aside three to six percent of your income to be put into a retirement account. If your employer matches your percent contribution rate, then you're getting a good start on saving for retirement.

Wachovia Securities IRA Products

Wachovia Saving Account Products

Wachovia Money Market Accounts

Wachovia Securities Asset Management Accounts

Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.

Only deposit products are FDIC-insured.

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