Finance Articles
Financial Wellness Wednesday: How to Read Your Account Statement
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...
Financial Wellness Wednesday: Useful Personal Finance Books
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...
Grow with a Money Market Account
Grow with a Money Market Account Money Market Accounts are an effective way to get higher rates on your savings. The higher rates will compound your savings, helping you reach your financial goals faster. With a Money Market, you can enjoy greater potential for high...
Sweetheart Scams and How to Avoid Them
Sweetheart Scams and How to Avoid Them What's a "Sweetheart Scam"? It's a simple trick but one that is increasing in popularity. People all over globe are reaching out and meeting new acquaintances using the internet. This is such a great tool! But that tool is being...
Financial Wellness Wednesday: How to Avoid Overdraft Fees
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...
Financial Wellness Wednesday: Pay Off Debt or Save For Retirement?
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...
Financial Wellness Wednesday: The Best Tools to Use When Refinancing Debt
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...
Financial Wellness Wednesday: How Car Loans Work
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...
Financial Wellness Wednesday: Switching to GHS Federal Credit Union
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...
Tax Prep Checklist
Tax season can be daunting, especially if you are preparing and filing your own income tax return. Thankfully, with online services and...
