Navigating your Finances in 2026

Let’s Talk About Financial Wellbeing

You may have noticed the term financial wellbeing appearing more often when reading or hearing about money. It is widely used, but not always clearly explained.

At Cardiff and Vale Credit Union, supporting the financial wellbeing of our members is central to everything we do. This article explains what financial wellbeing means, why it matters, and some practical steps you can take to support yours this year.

What Is Financial Wellbeing?

Financial wellbeing is about feeling secure, informed, and in control of your money, both now and in the future.

It is not about how much you earn. Instead, it focuses on:

• Managing your day-to-day costs
• Keeping up with bills and commitments
• Being prepared for unexpected expenses
• Feeling confident when making financial decisions

Everyone’s circumstances are different. Financial wellbeing looks different for each person. What matters is making choices that are realistic, sustainable, and right for you.

Simple Ways to Support Your Financial Wellbeing

1. Know Where Your Money Goes

Creating a budget can help you understand your finances more clearly. Start by listing:

• Your regular income
• Essential spending such as rent or mortgage, utilities, food, and travel
• Other spending

A good budget is not about cutting everything back. It is about balance. Try to allow room for saving and everyday enjoyment where possible.

If you are unsure how to begin, our team can offer guidance.

2. Deal With Debt at a Pace You Can Manage

Debt can feel stressful, but taking small steps can help.

When budgeting, think about how repayments fit into your overall finances. Only commit to what you can reasonably afford.

If you have a loan with Cardiff and Vale Credit Union and are struggling to keep up with repayments, please contact us as soon as possible. We can discuss your situation and, where appropriate, agree a repayment plan that reflects your circumstances.

3. Review Things Regularly

Your finances may change over time. Income, household costs, or wider economic factors can all have an impact.

Reviewing your budget regularly can help you stay on track and adjust when needed. Even small changes can improve your confidence and sense of control.

4. Build Financial Resilience

Saving small amounts regularly can help you prepare for unexpected costs and future goals.

Credit union savings accounts are designed to support regular saving in a way that works for you.

5. Talk About It

Money worries can feel overwhelming, but you do not have to deal with them alone.

If you have concerns about your finances or your account with us, our team is here to listen and help. If your situation is outside what we can support with directly, we will aim to point you towards trusted, independent sources of help.

How Cardiff and Vale Credit Union Can Help

We are a not-for-profit, member-owned organisation. Our focus is on fair, ethical financial services that support long-term financial wellbeing.

We offer:

• Affordable loans based on your circumstances
• Secure savings options
• A supportive and understanding service
• Help when things do not go to plan

All our services are delivered with members’ best interests in mind, in line with FCA regulation and Consumer Duty requirements.

If you would like to talk to us about your financial wellbeing, please get in touch:

Phone: 029 2111 1720
Email: ccu@cardiffcu.com

We are here to help you take positive steps towards a healthier financial future in 2026 and beyond.