![The Fed Will Be Cutting Interest Rates. Or Not.](https://blog.figfcu.org/wp-content/uploads/2024/09/Blog-1783893975_702x415-351x185.jpg)
When last we wrote about the Federal Reserve, the financial industry was all a buzz about what the Fed would do next. Here we are a few months later, and two things haven’t changed. Read more.
Continue ReadingWhen last we wrote about the Federal Reserve, the financial industry was all a buzz about what the Fed would do next. Here we are a few months later, and two things haven’t changed. Read more.
Continue ReadingHow would you rate your financial literacy? Are you a money maven, the person all your friends and family turn to for advice? Or are you more of a “as long as the bills are getting paid and I’m saving a bit each month, that’s all I need to know” type of person? According to a recent study, only 57 percent of people in the U.S. are financially literate.* Read more.
Continue ReadingThere are any number of reasons you may need a short-term loan. When considering your options, there’s one loan you should approach with caution: a payday loan. A payday loan is typically a short-term, high-cost loan, generally of $500 or less, which you typically must pay back on your next payday. One reason people choose a payday loan is that, in many cases, no credit check is required.
Continue ReadingWhere did the summer go? It’s already time for kids to go back to school. It’s also time to help your kids learn about money. Read more.
Continue ReadingThe average national credit card debt at the end of 2023 was $6,864.* Currently, the average interest rate for credit cards is just over 21% APR**. Let’s examine what these figures can mean to your financial future. Read more.
Continue ReadingThe 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks.
Continue ReadingAnyone at any time can be a victim of fraud. Unfortunately, there’s one group that scammers and fraudsters continue to target: Individuals 60 years old and older. Read more.
Continue ReadingThe 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks. Read more.
Continue ReadingThe interest rate roller coaster may finally drop this year. If you feel rates will decline soon, the time to begin taking action to buy office space is now. There is still abundant office space, with the U.S. vacancy rate hovering at 20 percent, motivating sellers to cut their losses and giving you more bargaining power.*
Continue ReadingInflation has increased the price of food, housing, and healthcare. Even those making six figures are living paycheck-to-paycheck. In a recent study, 80% of U.S. employees reported at least “some level of financial stress,” with 27% experiencing “high or overwhelming” stress.* As an agency owner, addressing employee financial stress can improve your team’s lives and dramatically impact your firm’s growth.
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