Even with news of payment extension to August 31, 2022, student loan repayment is on the minds of millions of Americans. If you’re looking for a way to set up affordable student loan payments, there are income-based repayment plans that can help you get a handle on what you pay each month and provide a […]
What Is A Home Equity Line Of Credit?
A home equity loan or line of credit (HELOC) allows you to borrow money using your home’s equity as collateral. This is like a second mortgage that turns equity into cash. To begin, let’s make sure we understand these two important terms: Collateral is something that you pledge will repay a debt. If you don’t repay the […]
Practicing Healthy Habits Can Help Spark Your Financial Independence
A Path to Financial Independence Making the transformation from being a carefree young person to a financially healthy adult can seem overwhelming and scary. Most young adults starting out can attest to the challenges of managing an entry-level salary while still striving for financial stability. But there are ways to create a path to financial […]
Tips For New Credit Card Holders
For those starting their college career or their professional career, keep your eye out on offers for credit cards. These life milestones are often signals to lenders that the time might be right for you to get on board as a credit card holder. Figuring out how to manage credit cards is critical for new […]
Teaching Children How To Budget
Teaching children how to budget at a young age will be helpful for them later in life. When your child gets money as an allowance or as a gift, you can help get them started with simple budgeting concepts. Start With Goals, Wants And Needs Talk with your child about money and how to use […]
Financial Terms To Teach Your Kids
It’s never too early to start teaching your kids about finances. After all, it is a topic they will use for the rest of their life. Breaking down some the key financial terms will help them have an understanding of a few fundamental concepts. Here are some terms you can teach your child and why […]
Financial Literacy For Kids
Did you know April serves as both Financial Literacy and National Credit Union Youth Month? It’s never too early to begin teaching our youth about money. Financial literacy taught at young age becomes foundational value in adulthood. In fact, this is one of the most important areas where you can truly change the course of […]
Budgeting 101
Many people find that the journey to financial wellness is smoother when they take the time to create a budget. It might sound complicated but there is a way to break down the process. To get started, see this overview on the steps to take to set a budget and take control of financial health. Needs […]
