Financial Education
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 […]
Read More....Help Seniors Recognize and Defend Against Scams and Elder Fraud
Seniors are swimming in fraud-infested waters, vulnerable to scammers eager to take a massive bite out of their victim’s finances. It sounds dramatic, but these attacks are serious, and learning to prevent them is essential to protect the financial wellness of your loved ones. In 2022, 88,262 people over 60 fell victim to elder fraud, […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....Three Financial Services to Support the Gig Economy
Hold up…what’s the gig economy? The International Revenue Service (IRS) defines the gig economy, also known as the sharing or collaborative economy, as an “activity where people earn income providing on-demand work, services or goods.” Instead of a 9 to 5, these individuals work 3 to 4…or 8 to 12…or whatever hours they choose. Gig […]
Read More....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 […]
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