Consumer Awareness
Why Credit Unions?
Credit unions are not-for-profit financial institutions that accept deposits, make loans, and provide a wide array of other financial services and products. When you join a credit union, you become a member-owner. What does that mean? Your credit union is going to work in YOUR best interest, and as a member-owner YOU have a say! Basically, credit unions are for YOU, and distribute our profits back to our members!
It’s that simple. The mission of credit unions is to lift people up financially, starting with education. Managing your money is not rocket science. Rather, it’s a handful of good habits often repeated. Credit unions, with their focus on members, make repeating those habits (savingtoward a goal , borrowing as smartly and efficiently as possible, and helping you achieve financial fitness.)made easier because credit unions strive to help you learn, not just how to do these things, but why it’s so important. When folks don’t have access to financial education, they are six times more likely to have trouble making ends meet.
You see, it’s a continuum. Credit unions provide access to financial literacy and financial literacy helps get you to financial wellness. Credit unions get this. Financial wellness is the state of being where you can meet your financial obligations, feeling secure in your choices and able to enjoy your life. That’s the ultimate goal, credit unions can help you take the financial stress out of your lives!
Blog: Why You Need a Budget
Let’s be honest. The majority of Americans — 60% — don’t know how much money they spend in a month. They also have little idea where their money goes.
Escape the Financial FogBlog: How to Create a Budget
Once you’ve decided it’s time to create a budget, or get back on track with an updated spending plan, you’ll have more than a few options to choose from.
Build Your Budget TodayWatch: Maximize Your Money
Did you know you can save your money in ways that will actually make you more money, simply by putting it in a certain type of savings account?
Make Your Money WorkBlog: Emergency Funds 101
No matter what financial hurdles you’ve faced in your life, you’ve probably found that these unexpected issues (like a job loss, an appliance that goes out, or a car that breaks down) all instill the importance of being prepared for the future.
Are You Emergency Ready?Blog: Money Moves for a New Job
If you’ve just started a new job, or you’re new to earning an income, congrats! You may be intimidated by the idea of finally getting your finances in order — but you shouldn’t be.
Start Your Good $$ HabitsFree Download! Budget Worksheet
Not sure where to start with your budgeting journey? Download this free budget spreadsheet! Find out where your money is going by assigning every dollar a purpose. Identify your fixed expenses then determine how much to save and how much you have left to spend. Cover your basic needs first and then add in lifestyle factors like dining out, toys and games, entertainment, clothes, plants, and other items of that nature.
You’ll be set up for success in no time with this starter budget.
COMING SOON!
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