Without a doubt, becoming a parent is an exciting event in one’s life. It’s a phase where you are happy and nervous at the same time about how the future will unfold. You might have been preparing for this event for a long time, but when you actually experience it things sometimes seem uncontrollable and terrifying. Continue Reading…
Get the New Year off to a good start by following these tips from the National Association of Federal Credit Unions (NAFCU):
1. Create and stick to a budget – Tracking your expenses is crucial to living within your financial means. If you’d like to create a budget but aren’t sure where to start, credit unions frequently offer free financial literacy classes that can provide assistance.
2. Make savings a priority – Many credit unions offer the opportunity to open a savings account for as little as $5. Consider splitting your direct deposit between checking and savings accounts. Now’s a great time to start a vacation or holiday account to save up for special occasions, or an emergency fund. Also, take advantage of 401K plans through work as well as IRAs and CDs that credit unions offer.
3. Avoid unnecessary fees – Most credit unions still offer no-fee checking and participate in a shared branching network that gives members access to credit union locations in all 50 states. Credit unions also offer access to tens of thousands of free ATMs nationwide, including at key 7-Eleven locations.