Budget Planner
The Mission of Dungannon Credit Union is to promote the financial well being of its members.
Personal Financial Management
Budgeting can make all the difference between healthy personal finances and spiralling debt - especially in times of economic uncertainty.
Take stock of your current financial situation before taking out a new loan or credit card.
- List your sources of monthly income e.g., wages, benefits
- List outgoings e.g., fixed monthly expenses- bills and repayments
- Deduct your total outgoings from your income.
- Do you have a surplus or deficit.
- Ask yourself- Can you afford to take on more debt?
- Does the surplus indicate you could afford to take on more debt?
- A deficit may mean it is not the right time to increase your borrowing.
*Also see the budget planner on our website for more information
At Dungannon Credit Union, we understand that sudden unforeseen changes in circumstances can affect a member’s financial wellbeing, especially in today’s unpredictable economic environment. With the ongoing rising cost of living expenses, DCU is here to support our community with tailored affordable plans. Members are advised not to over-commit themselves when borrowing or agree to unrealistic repayments.
Contact us on 028 87723729 and we will try to help in any way we can.
