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...
Finance Articles, Financial Wellness Wednesday
How to Switch to GHS Federal Credit Union KEY TAKEAWAYS: As a federal credit union, we’re a non-profit organization that is member owned. Every member who has a share account is shareholder of the company, earning interest on their account. Only certain people qualify...
Finance Articles, Financial Wellness Wednesday, Mortgage
The 5 Steps to Getting a Mortgage Applying for a mortgage loan to buy your dream home can seem daunting. It’s true that a lot of information goes into the decision making process, but it doesn’t have to be complicated. Whether you’re a first-time home buyer or an...
