Finance Articles, Financial Wellness Wednesday
How to Read Your Account Statement KEY TAKEAWAYS: Account statements are sent out to members monthly. They can be sent either via USPS mail or via email. It’s recommended to use eStatements, or statements sent via email. Monthly account statements are private...
Finance Articles, Financial Wellness Wednesday
Useful Personal Finance Books KEY TAKEAWAYS: Book 1: Clever Girl Finance; Ditch Debt, Save Money and Build Real Wealth by Bola Sokunbi. Book 2: Get a Financial Life; Personal Finance in Your Twenties and Thirties by Beth Kobliner. Book 3: The Financial Deit; A Total...
Finance Articles, Financial Wellness Wednesday
How to Avoid Overdraft Fees KEY TAKEAWAYS: Over-drafting on your account means you’ve spent more than you have. It happens to everyone sometimes, and it’s a simple mistake to fix. Easy ways to prevent over-drafting could be getting your pay check direct deposited into...
Finance Articles, Financial Wellness Wednesday
Should I Pay Off Debt or Should I Save For Retirement? KEY TAKEAWAYS: The short answer to the question of should I save for retirement of pay off debt is to do both at the same time. Using your retirement fund to pay off your debt in a lump sum may not be the best...
Finance Articles, Financial Wellness Wednesday
The Best Tools to Use When Refinancing Debt KEY TAKEAWAYS: There are several options for debt consolidation at GHS Federal Credit Union. With a personal loan, you pay off all your debts at once and you’re left with one monthly balance to pay with one interest rate...
Finance Articles, Financial Wellness Wednesday
How Car Loans Work KEY TAKEAWAYS: Auto loans can feature some terms and words you may not have used previously. This video defines APR, term of a loan, principle balance, down payment, and direct lending. Auto loan contracts are divided into two parts, principle...
