Financially preparing for major life changes helps you navigate transitions smoothly, reduce stress, and achieve your goals. Whether it's a new career, marriage, or parenthood, understanding the financial impact allows you to make informed decisions and build a resilient future.

Starting with a strong foundation is key, regardless of the specific event.

1. Assess Your Current Situation: Understand your income, expenses, assets, and debts.
2. Set Clear Goals: Define what you want to achieve (e.g., save for a down payment, build an emergency fund).
3. Create a Budget: Track your money to see where it's going and identify areas for savings. Your bank's online banking tools can help with this.
4. Build an Emergency Fund: Aim for 3-6 months of living expenses in an easily accessible savings account to cover unexpected costs.

Remember, consistent saving, even small amounts, makes a big difference over time.

FNBO offers various products designed to support you through all of life's financial milestones:

• Savings & Checking Accounts: Essential for daily banking, budgeting, and building liquid savings.
• Loans: For major purchases like a home mortgages, auto loans, or other lending products.
• Credit cards: For managing everyday expenses and building credit responsibly.
• Investment accounts: For long-term growth (like retirement or education savings) beyond basic savings.
• Financial advisors: Offer personalized guidance across all life stages, from budgeting to estate planning.

Your financial plan shouldn't be static; it needs to evolve with your life.

• Regular reviews: Periodically review your budget, goals, and investments, especially after any significant life event (e.g., new job, marriage, having a child, divorce).
• Seek Advice: Don't hesitate to consult a financial advisor who can help you adjust your plan to new circumstances and optimize for future goals.
• Stay Informed: Keep up with economic changes and new financial products that might benefit you.