You may be in your 30s or 40s, advancing in your career, enjoying some well-earned upgrades like a nicer car or great vacations. You’re a high-earning professional, but with higher earnings often come higher expenses. It might be time for a smarter approach to managing your growing wealth.

FINANCIAL PLANNING FOR HIGH EARNERS

You’re doing great, thriving in your career and enjoying the rewards of your hard work. Whether it’s a well-earned upgrade like a luxury car or a beautiful kitchen renovation, it feels good to invest in the life you’ve built.

Now’s a great time to start thinking about your long-term financial future, too. At Texans Credit Union, we’re here to support your goals—whether that’s growing your savings, planning for big milestones, or simply gaining more peace of mind. And getting started is easier than you might think. Here are two simple ways to start using Texans Credit Union resources.

OUR TWO-STEP CHECKING ACCOUNT

You can start saving your money really quickly with our Two-Step Checking Account. It offers the best of both worlds: a checking account that’s connected to a high-yield savings account. This means you’ll earn a sizable 4.00% annual percentage yield (APY^) on balances up to $15,000. 

Think about it—on a $10,000 balance, you can earn an extra $400 in a year, which you can then put aside (in your high-yield savings account) to start building that safety net for your long-term financial goals.

OUR PREMIER REWARDS CREDIT CARD

You’re earning more—but you’re likely spending more, too. Texans Credit Union’s Premier Rewards Credit Card helps you make the most of every swipe with extra points on your everyday purchases: 

• 4X points on streaming services
• 3X points at the gas pump
• 2X points on dining
• Plus, get 1.5X points on everything else¹

We let you decide how you want to redeem your rewards: you can use your points for cash back, travel, Amazon or Apple purchases, and more! The choice is yours. With a variety of reward options, there's a perfect reward for everyone. Plus, this card comes with no annual fee, no balance transfer fee, and no cash advance fee.

If you choose the cash-back option, you can slide that money over into a high-yield savings account connected to your Two Step Checking Account—and give your savings an extra boost!  

MORE HIGH-INCOME FINANCIAL ADVICE

Now that we’ve covered some quick and simple ways to start reinforcing your financial foundation, let’s talk about other ways you can build your wealth and begin establishing financial stability.

MANAGE YOUR DEBT WISELY

Since you’re a high-income earner, you might have an advanced degree, along with the student loan debt that came with it. You may want to evaluate your student loans to see if you can lower your interest rate or secure better terms.

Similarly, you might take a hard look at your home loan. Is your interest rate reasonable? Does your term length work for you now, or should it be shorter/longer? Since your mortgage is a big chunk of your monthly expenses, you might want to refinance your home loan if you’re paying more than you should.

On the other hand, you might have enough cash on hand that you could pay a little extra on your mortgage bill every now and again. Making occasional extra payments can help reduce your long-term interest costs.  

Either way, prioritize paying off high-interest debt (like credit cards), which can quickly erode your savings and cash flow.

STAY IN CONTROL AS YOUR SUCCESS GROWS

You’ve worked hard to get where you are, and you deserve to enjoy the rewards! As your income grows, it’s exciting to upgrade your lifestyle. In Texas, where everything’s bigger, treating yourself can feel especially rewarding.

The key is to strike a balance. Creating a realistic budget helps you align your spending with your values and long-term goals. It’s not about restriction—it’s about making intentional choices that support the life you’re building.

When you live with a bit of flexibility and keep your future in mind, you give yourself the freedom to enjoy today and feel confident about what’s ahead.

360° WEALTH MANAGEMENT

At the end of the day, high earners need a well-rounded financial plan—one that supports long-term goals while staying flexible enough to handle life’s twists and turns. Tools like certificates and IRAs can help you grow your savings in a more structured, tax-advantaged way.

Texans Credit Union proudly serves members across the Lone Star State. Our mission is to help you reach your financial goals and build the long-term stability your family deserves. Use the buttons below to get in touch or explore our financial tools.