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Money Matters

Your Credit Union Newsletter

Money Matters by Farmers Insurance Federal Credit Union
You are at:»Author: Elyse Hahn (Page 5)

Author Elyse Hahn

Credit Union News Laura Campbell Money Matters
April 2024: Message From Our CEO

Some years, like this one, just seem more eventful than others. Artificial intelligence is reshaping our world rapidly. And the quest to redefine other worlds is picking up, too. It seems like virtually every other month, a new mission takes off for the moon in anticipation of setting up permanent bases and, one day, colonies. Credit Union branches in space – now there’s an intriguing thought! 

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Farmers Agents
6 Tax Blunders To Avoid

You tear open the letter marked “Internal Revenue Service,” wondering whether it contains an unexpected refund. But, to your dismay, you find that you owe more than you projected because of a mistake on your tax return. Your heart sinks as you figure out where you’ll get the money to pay the bill.
To avoid this scenario, it’s important to exercise caution when filling out your taxes to avoid an error that will come back to haunt you.

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Financial Wellness
The Benefits of Doing Two Things at Once: Checking and Direct Deposit

Researches has shown the benefits of focusing on one task at a time. In fact, every time you multitask, you open yourself up to doing both tasks poorly. Plus, breaking away from the task at hand to answer a text, call, or email, makes it harder to get back in the groove, harming productivity. Okay, what does this have to do with checking accounts with direct deposit? It’s the exception to the rule. It proves doing two things at once is a good thing. Let us explain.

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Financial Wellness
What Will the Fed Do Next?

The Federal Open Market Committee (FOMC) holds its next meeting on March 19-20. And with it comes serious questions that impact your financial well-being. Will the Fed raise interest rates? Will they drop interest rates? Will they hold rates where they are today?

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Financial Wellness
5 Reasons You Need to Know Your Credit Score

Do you know your credit score? More importantly, why does it matter? Put simply, a variety of financial businesses use your credit score as an indicator to predict the likelihood you’ll pay them back. The higher your credit score, the more likely you’ll be able to obtain credit and pay less interest, which can save you significant amounts of money.

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