This time of year is all about sharing and giving thanks for what we have. While the connection between gratitude and finances may not seem immediately obvious, studies suggest that cultivating a mindset of gratitude can greatly improve our overall financial health. We're sharing some ways gratitude can positively influence our financial lives as well as ways you can give back during this season of gratitude and giving.
How Gratitude Impacts Your Financial Wellbeing
- Shifts Your Mindset
Practicing gratitude encourages a positive outlook on life, which can help reduce anxiety about our financial situations. Our overall satisfaction increases when we start focusing on what we have rather than on what we lack. Shifting our mindset to one of gratitude, helps lead to better decision-making regarding spending and saving.
- Improved Spending Habits
Grateful individuals are more likely to appreciate the things they own and the experiences they have. This appreciation and contentment can lead to less impulsive spending and a greater focus on meaningful purchases, ultimately allowing for better management of finances.
- Enhanced Financial Resilience
Focusing on a mindset of gratitude can build emotional resilience, making it easier to overcome financial challenges. When faced with setbacks, individuals who practice gratitude are more likely to view obstacles as opportunities for growth rather than overwhelming and insurmountable problems.
- Connection and Support
Expressing gratitude can strengthen relationships with our family and friends. Our social support network can be invaluable during tough financial times, providing emotional encouragement and even practical assistance, such as shared resources or advice.
- Goal Setting and Motivation
Using a mindset of gratitude can boost motivation and commitment to our financial goals. By regularly acknowledging what is working well in our financial lives, we can maintain focus on our objectives and cultivate the discipline needed to achieve our goals.
Integrating gratitude into our daily lives not only improves our mental and emotional health, it can also have a profound effect on our financial stability and growth. To begin this journey, make a conscious effort to shift your focus from financial stressors to the abundance of good already present in your life. Consider keeping a journal to regularly reflect on what you appreciate in your life and set aside some time to express gratitude to those who support you.
If you need assistance in shifting your financial mindset, we're here to help with resources and personalized assistance. Members First Credit Union of Florida offers free financial coaching for our members. Make an appointment to speak with a certified credit counselor or a Members First Financial Fitness coach today.
Giving Back With A Grateful Heart
Giving back with a grateful heart is an essential aspect of fostering a compassionate community. When we express gratitude, we not only enhance our own well-being but also inspire those around us to engage in acts of kindness. Here are several ways to cultivate this spirit of giving at your credit union:
Support Our Credit Union Neighbors Affected By Recent Hurricanesf
Hurricanes Helene and Milton have severely impacted the Southeast, including Florida, Georgia, and the Carolinas. With over 220 lives lost and thousands displaced, our credit union family need support.
- Hurricanes Helene and Milton have impacted 122 counties and nearly 1,000 credit union branches in our region.
- This is a time for the credit union community to come together and support those who are rebuilding their homes and their lives.
- Our Disaster Relief Fund donations go directly to credit union employees and their families, helping them recover and rebuild.
- Every little bit helps. Even a small donation can make a big difference in someone's life.
Together, we can bring hope and support to those in need. Donate to the Disaster Relief Fund today, in person at one of our branch locations or online at Disaster Relief Fund.
Angel Tree Program
You can help support a local neighbor in need this Christmas through the Salvation Army Angel Tree program. Angels will be available for adoption at all Members First branch locations. Donated gifts must be unwrapped and placed in a bag with the top portion of the angel attached. Monetary donations can also be made to the program by speaking with one of our Financial Service Representatives at a branch or on the phone. To make a donation over the phone, please call (850) 434-2211.
Christmas on the Coast Ornaments
Take care of your holiday shopping while supporting individuals and families in need. Christmas on the Coast ornaments will be available for purchase at all Members First branch locations. All proceeds benefit Goodwill Gulf Coast and their mission to serve the community. Goodwill Gulf Coast provides programs and services to help individuals and families overcome challenges due to disabilities and other barriers that impact economic well-being, self-sufficiency, and quality of life.
Redeem Your Rewards Points for Charity
Another way to give back during the holidays is by using your Members First Credit Union of Florida credit card rewards points to make a charitable donation. It's easy, log into scorecardrewards.com and choose to redeem your points towards a charity of your choice.
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