MAY 2025
High school graduation marks an exciting new beginning—for students stepping into independence and for parents guiding them along the way. As caps are tossed and plans take shape, it’s also the ideal time to start thinking about financial readiness. And with Community Choice Credit Union, we make it easy and convenient to start off on the right path. Whether the next stop is college, a new job, or something in between, laying the groundwork now can make a big difference in the future. From budgeting and saving to understanding credit and financial aid, here are 10 essential financial tasks for graduates and their families to check off before August arrives.
1. Open Your First Debit Card
Getting started with banking doesn’t have to be overwhelming—and you don’t have to do it alone. We’re here to help you open your first checking account and get your debit card set up—simple, easy, and stress-free. Not sure about the difference between checking and savings accounts? No problem! Stop by or give us a call—we’ll walk you through everything and answer all your questions. Everyone’s financial journey is unique, and we’re excited to be part of yours.
2. Stay Secure: Be Familiar with Reporting Lost or Stolen Cards
It’s important to know how to report your debit card if it’s ever lost or stolen—just in case. Also, if you’re on a joint or shared account, be sure you understand any card controls the primary account holder may have set up. We’re here to help you feel confident and secure every step of the way.
3. Develop a Monthly Budget
Starting college means new expenses—and new freedom! Creating a simple monthly budget helps you stay on top of spending, save for what matters, and avoid surprises. Whether you’re new to budgeting or just need a refresher, we can help you build a plan that works for you.
4. Transferring Money At Your Fingertips
Need to pay someone back or move money between accounts? You can make member-to-member transfers at any of our member centers or from the comfort of home using e-Banking. It’s fast, secure, and super convenient—just another way we help keep your money moving smoothly.
5. Make the Most of Your Financial Aid
Understanding your financial aid is key to staying on track. Be sure you know when your aid will be disbursed and when repayment begins—especially for loans. We’re here to help you make sense of the timeline, so you can plan ahead with confidence.
6. Set Savings Goals for What Matters to You
Planning ahead for things like spring break, a concert, or a flight home for the holidays? Set up savings Targets to stay on track without the stress. We’ll help you create a plan that fits your life—and your budget—so your money’s ready when you need it.
7. Build Your Emergency Fund—Just in Case
Life happens! Whether it’s a cracked phone screen, a stolen bike, or an unexpected parking ticket, having a small emergency fund can save the day. Setting aside even a little bit at a time helps you stay prepared without the panic. We’ll help you get started.
8. Get Credit Wise
Understanding how credit works is a big step toward financial independence. Whether you’re thinking about your first credit card or just curious about how credit scores work, we’re here to guide you. Let’s talk about using credit wisely and building healthy habits that last.
9. Find Fee-Free ATMs Near You
No one likes surprise fees! Make sure you know where the closest fee-free ATMs are—whether that’s near your dorm, apartment, or workplace. We’ll help you locate them so you can access your money without extra costs.
10. Stay Connected—Emotionally and Financially
Life after graduation is a big milestone, and it’s okay to feel a mix of excitement and nerves. Take time to check in with the people who support you—family, friends, or mentors—and don’t forget to celebrate how far you’ve come. You’ve got this, and we’re here for the journey ahead.
Let’s take the next steps together!
Schedule a one-on-one appointment with one of the certified financial experts at Community Choice Credit Union today. Whether you prefer to meet in person, over the phone, or virtually, we’ll make it easy to get the guidance you need — on your schedule. Let’s start building your brighter financial future, together!