Education is a right deserved by all citizens. But as foundational as education may be, it might not be accessible at all levels for everyone, especially for higher education. While you may be familiar with student loans, grants, and scholarships, there are other paths you can seek to save for your goals. One of these options is an educational savings account, commonly known as a 529 Plan.
READ THE ARTICLE
Do you often find yourself stressed over finances? If you do, you’re not alone. In a 2023 study by PricewaterhouseCoopers, around 57% of Americans consider finances to be the biggest stressor in their lives. With many throughout the world living paycheck-to-paycheck, these findings aren’t too surprising. So what can you do to manage both your finances and your mental health?
READ THE ARTICLE
It’s always the right time to evaluate your savings journey and implement a plan to boost your financial security. For this year’s recent America Saves Week, the theme of Saving for Your Past, Present, and Future serves as a reminder that financial wellness doesn’t happen by chance. We must take proactive steps to save, plan, and adjust our habits to be financially prepared for the expected and unexpected.
READ THE ARTICLE
With St. Patrick’s Day around the corner, you’ve surely seen lots of green and gold in stores, offices, and anywhere else you may have visited in the last few weeks. Seeing these colors and images, like pots of gold, can call into question your own “gold.” How is your progress towards achieving your savings goals?
READ THE ARTICLE
When did you last deposit money into your savings account? Do you have a budget in place to help pay off your credit card? This week is National America Saves Week, so now is the perfect time to consider these questions and more! National America Saves Week marks a time to explore savings account options, evaluate your budget, and work towards reducing your debt.
Beginning in 2007, National America Saves Week was introduced by the Consumer Federation of America (CFA) to encourage Americans to save money and work towards financial stability and wellness. While it may sometimes be difficult to take a hard and in-depth look at your finances, this week presents an excellent opportunity to set yourself up for financial success in 2025 and beyond!
READ THE ARTICLE
It doesn't need to be a new year to set goals and start fresh. Are you making plans for a brighter, more financially secure future? Building or strengthening your emergency fund is a great place to start. While saving for an emergency may not sound as exciting as splurging on a luxury item, putting aside enough for a robust backup fund will help you achieve financial peace of mind.
While deemed by many “the most wonderful time of the year,” the holidays can also undoubtedly be stressful. From preparing your home for visiting relatives to booking travel, there are so many components that go into making the holidays extra special. Holiday shopping is no exception to this, with never-ending gift lists and Black Friday deals all around.
READ THE ARTICLE
Whether you find out you’re expecting or you get a call from your adoption agency, your first response is probably an instant rush of emotions. That is likely to be followed by a dawning realization of how much needs to be done—and spent—before the baby comes home. Raising a child from a newborn to an adult today can cost over $310,000, not including college, according to a Brookings Institution analysis of data from the U.S. Department of Agriculture.
READ THE ARTICLE
Whether it’s saving for a child’s college fund or putting money away to purchase a vacation home, savings are a critical element of achieving your financial goals. But outside of savings accounts, what are some other ways you can manage your savings? Certificates, also commonly referred to as certificates of deposit or CDs, are a great way to store your savings to accomplish your savings goals.
When you join a credit union, you join a community. As a member of that community, you get a say as a shared owner of the credit union as well as a host of other benefits, like financial education, events, and discounts!
READ THE ARTICLE
