By: Sindy M. Benavides, CEO of the League of United Latin American Citizens (LULAC)

Having control over our money can give us more ways to manage our journey toward financial success. As part of LULAC’s (League of United Latin American Citizens) efforts to advance the economic condition of Hispanic Americans, we’ve teamed up with AARP, the nation’s largest non-profit/non-partisan organization dedicated to empowering Americans 50 and older, to share tools that will help Latino seniors manage their finances.

A first step is taking care of outstanding borrowed money, or debt, that you may still owe. AARP’s personal debt consolidation calculator could be a great tool for you to determine the best way to pay it off. There are also many ways we can improve our spending habits, such as thoroughly reviewing subscription costs, utility issues, energy-saving opportunities, dining out and other unnecessary expenses for opportunities to cut back.

Switching from a bank to a credit union can help as well since they’re owned by the customers and considered a non-profit organization. AARP has more online features such as a retirement calculator to determine if you’re saving enough money and their MoneyMap™ tools for managing debt, budgeting, setting goals and assisting with unexpected expenses like hospital bills. You can find financial resources on LULAC’s website as well. The journey toward financial success begins with a first step. We hope the ones we’ve provided today help you with a successful start toward your own.

Sponsor Content: AARP.org