Credit union net worth – enough already!
Have we lost our way? Have we forgotten who Net Worth belongs to? Have we forgotten about the uniqueness of the cooperative model? There is much discussion in the credit union industry about the very [...]
Posts Tagged ‘Net Worth’
4 ways to help your net worth
Is your net worth where you want it to be? Is it straight up depressing? Younger millennials and those right out of school probably don’t have much to look at, but for the older [...]
Converting self worth into net worth
As a serial entrepreneur, I’ve started three companies, bought two, and become a partner in another. Through all the ups and downs, I’ve learned a lot about the connection between net worth and [...]
5 ways to increase your net worth
Stop spending so much We all need to cut back on our spending in certain areas. That morning cup of coffee may not seem like much, but it can add up. Figure out your weak [...]
Do you track your net worth?
You probably (hopefully) track your budget every month, but your net worth doesn’t need quite as much attention. It’s still a good idea to keep an eye on it. Do you do it? [...]
How to benchmark your net worth in 3 easy steps
Wealth creation is about more than your investment portfolio. A better way to measure wealth than just your investment portfolio performance is your net worth, which is simply your assets minus your liabilities. Your assets [...]
Executing upon the credit union value proposition
The mission, vision, purpose or (insert your term here) statement at most credit unions includes some verbiage around creating value for members. Read literature about the advantages of credit unions, and you will see the [...]
3 considerations for commercial real estate lending
Most financial institutions distinguish commercial real estate loans from commercial loans because of their unique challenges, Jim Devine told attendees of the recent CUES Webinar, “Commercial Real Estate Lending Challenges and Growth.” CEO of Hiperion [...]
The Bermuda Triangle of misguided credit union metrics
Credit unions have a virtuous desire to create value for their members. So why do their management teams and member elected directors, fixate upon and reward for measures based upon profit extraction from members, instead [...]
Low-income credit unions and secondary capital
The Federal Credit Union Act allows low-income credit unions to count secondary or supplemental capital as part of their net worth. Seventy-five credit unions, excluding Texans CU (Richardson, TX) and A.E.A FCU (Yuma, [...]
Knowing your net worth can help you plan
Calculating your net worth is easy, and a valuable exercise. Here's how. by. Dan Kadlec Your boss doesn’t know your value, right? But do you even know it? Most people have never taken the [...]
Most Americans Don’t Have Emergency Savings; Here’s How to Change That
By ELISABETH LEAMY (@elisabethleamy) Three quarters of Americans don't have enough savings to survive for six months if they lose their jobs, according to new research from Bankrate.com. Another recent study, this one by [...]
Gen X To Be Worse Off Than Boomers In Retirement
While Boomers on the cusp of retirement lost significant wealth in the Great Recession, it was younger Americans who were hit the hardest. By Melanie Hicken @melhicken Boomers lost a significant chunk of their retirement [...]
What’s Your Number? 5 Financial Figures You Need to Know
By MIKE ANDERSON When we talk about personal finance, we toss around a lot of terns: APRs, credit scores, mortgage principals… you get the idea. It’s easy to get lost in all these numbers, [...]