How renting can impact your credit
According to the U.S. Census Bureau, about 36% of U.S. households are occupied by renters. If you’re one of the many renters, you may be wondering: Does renting an apartment build credit? [...]
Best of Personal Finance Archives
Do I need life insurance if…?
We have different needs at different stages of life. A young Gen Zer entering the workforce for the first time will have an entirely different path and goals than their Gen X counterpart who can [...]
The psychology of overspending
Money doesn’t buy happiness, so why do we treat it like it does? We’ve all done it. We buy something we think will make us happy. Sometimes it brings us a measure of [...]
Financial coaching – advice and insights
Financial coaching is a bit mysterious. What is the difference between coaching and counseling? Is financial coaching effective? Is it scalable? Who benefits? So many questions... I have some answers that will be helpful to [...]
PODCAST: Making financial education fun
The key to financial education is engagement. Participants learn best when they can apply information to real-life situations that provide understanding and feedback. That’s especially true in a digital environment that competes with social [...]
How to establish a successful financial literacy course
Establishing and maintaining community relationships is perhaps the most crucial responsibility that credit unions have. Financial services make up most of the day-to-day interactions with clients, but a solid partnership is the foundational piece of [...]
Expert tips for navigating the 2022 summer homebuying season
Americans have been on a housing buying spree over the past two years, but there are signs the hot seller’s market is cooling off. Real estate data from April and May 2022 shows new [...]
How your credit union can help alleviate Gen Z’s financial anxiety
While financial anxiety is nothing new to many older generations, the type of financial anxiety weighing on Gen Z is uniquely problematic—not only for the people suffering the anxiety but for the general population, [...]
3 tips for reducing your expenses in retirement
Retirement. It’s the dream isn’t it? For some of you, it’s coming soon. For younger professionals, it can seem like a long way off (cause it is). So, what are you doing [...]
4 hurdles Millennials and Gen Z are facing and how credit unions may help
It is an easy assumption to believe that every generation had the same challenges and growing pains as any other. The truth is even generational experts admit that Millennials and Generation Z have encountered specific [...]
How to save your money for multiple goals
When creating a budget, it’s important to set specific, achievable goals. Then, you’ll want to prioritize those goals to determine how much you’ll contribute to each one. It’s not enough to [...]
Zoomers: Traditional financial institutions vs. neobanks
Generation Z, or Zoomers, is the only generation that has not experienced life without the convenience of internet connectivity. This fact, along with the ongoing COVID-19 pandemic, has disrupted the world of traditional financial institutions. [...]
Filling the financial literacy gap for younger generations
Protecting the credit union system is one of the core goals of the National Credit Union Administration (NCUA), but Chairman Todd M. Harper wants credit unions to know that the NCUA is more than just [...]
Do our financial first responders have the PPE they need?
“We know who gets hurt in economic downturns. It's the same members that got hurt last time. Shame on us as credit unions if we march into another financial downturn and let the same communities [...]
3 tips for saving gas
What's that smell? Something stinks! Oh ... it's the price of gas. I live in SC and I'll admit we haven't had it quite as bad as some other states, but it's still a drag. In [...]