Financial Education

Inflation Unveiled: Understanding, Coping, and Thriving

Inflation Unveiled: Understanding, Coping, and Thriving

“Inflation” has lingered heavily on the minds of Americans for the past three or four years, inducing fear in up-and-coming generations grappling to hold onto the hope of financial stability. As prices continue to rise, more and more Americans, especially Millennials and members of Gen Z, are vocalizing the “death of the American Dream.” In […]
How to Save $5,050 in 100 Days

How to Save $5,050 in 100 Days

I don’t know about you, but when someone says I can save $5,050 in 100 days, I get in the savings mood. For those who find saving money not only a struggle but a dreadful task, the 100 Envelope Saving Challenge could be your quirky, yet practical, solution. Not only will you 100% save $5,050 […]
Credit Card: Insider Info You Need To Know

Credit Cards: Insider Info You Need To Know

The first inklings of credit cards appeared as clay tablets in ancient Mesopotamia, at least 5,000 years ago, recording transactions between merchants for payment of goods or services that would come later. Today, we are all too familiar with those thin, rectangular pieces of plastic, so much so that 77 percent of U.S. adults have […]
Saving for Retirement Traditional IRA vs ROTH IRA

Saving for Retirement: Traditional IRA vs ROTH IRA

56% of Americans feel behind on saving for retirement, yet 25% of workers haven’t made retirement contributions in at least a year, according to Bankrate. For some, retirement is right around the corner, so much so that it can feel more scary than exciting. For others, it’s tempting to sweep saving plans under the rug […]
Personal Loans

Personal Loans: A Quick and Easy Guide

You have needs, wants, desires, and dreams. Much to our chagrin, achieving these aspirations requires money. But what if you don’t have the cash you need? A personal loan is a viable option when you need financial support to accomplish your goals. What is a personal loan? Personal loans are sums of money individuals can […]

Understanding Credit Scores: No Luck Required

March is the month of four-leaf clovers and Leprechauns, but did you know it’s also the perfect time to learn about credit and credit scores? That’s because March is National Credit Education Month! What’s even better? You don’t need any luck to be a credit expert! What is Credit? Let’s start at the beginning. What […]
Debt Repayment Strategies

2 Debt Repayment Strategies You Will Love

Does reading “debt repayment strategies” send a shiver down your spine? That wouldn’t be the only cause for a case of the chills. The temperatures are dropping, the wind is howling, and it takes me at least 10 extra minutes to leave my warm, cozy bed each morning. February is here, and with it comes […]
Financial Resolutions

3 Financial Resolutions To Kick Start 2024

It’s the new year! You know what that means: New Year resolutions. While hitting the gym and eating healthier are popular resolutions for a reason, financial resolutions are the real unsung heroes of 2024 prepping. Financial resolutions are the gateway to achieving additional yearly goals. For example: Creating a budget → ability to afford a […]
credit unions vs banks

Credit Unions vs Banks

What advantages do credit unions have over traditional banks? Many of us are no strangers to traditional banks but credit unions are a different story. “Credit unions…they do stuff with money, right?” Here lies the typical response I get when I ask younger generations what a credit union is, and I don’t blame them! Gen […]
Building credit scores

How to Build Credit When You Have None

Building credit scores and cartwheels. What do the two have in common? Surprisingly more than you think. Let’s bring Simone Biles into the conversation. Yes, gymnastics legend and Olympic Gold Medalist Simon Biles (stay with me, I promise there is a method to my madness). Simone Biles has an insane history of being good at […]
monthly budget

Creating a Monthly Budget

Creating a monthly budget brings out the imaginary angel and devil on my shoulders. The angel whispers, “I’m so proud of you! This will help you reach your goals and financial stability!” and the devil retorts with, “Remember that dress you saw on TikTok? What if we got Chick-fil-A on Monday…and Wednesday? What about your […]
Financial Stability

How to Achieve Financial Stability

What is the secret key to financial stability? I wish I could say it’s a combination of jumping on one foot, spinning around 3 times, and getting a full 8 hours of sleep, but unfortunately, there’s no single recipe for success. However, there are key areas of focus that can readjust your financial trajectory. Acknowledging […]
Emergency Fund

What is an Emergency Fund?

“If only I set up an emergency fund when 1166 FCU told me to!” To stop these words from ever coming out of your mouth, I’ll give you the rundown on this extremely helpful and proactive saving solution. But first, picture this. Your car breaks down this weekend. It’s going to cost a pretty penny […]