Money Matters
Your Credit Union Newsletter
When teaching children about money, the important thing to remember is that there are no rules or best way. All parents will approach financial education differently, and no one should feel pressure to cover all the “right” lessons.
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Unless you track your overall spending with every little purchase, debt can ambush you. Fortunately, you can prevent it from piling up; you just need to be aware of the ways in which you spend money.
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If you want to equip your kids with the tools to become financially secure and independent adults, a good place to start is with a savings and/or checking account. Once they see money going in and coming out, it can drive home a lesson about money management.
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Most of us agree that the health and wellness of our family is our highest priority. Next on most people’s minds is usually their finances. Here are a few financial rules to try and live by – or at least consider – that will help keep you and your family financially healthy.
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Holiday spending can be a budget buster. Expenses are numerous: presents, wrapping paper, food, travel and more―and you don’t want to disappoint. However, if you’re short on funds, there’s no need to despair. With a little DIY creativity you’ll get through the holidays―without draining your account.
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Preparing financially for retirement for many people is a shot in the dark. Just save as much as you can…Continue Reading
Successful Money Management in a Multigenerational Household
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Financial counselors often find themselves helping married couples try to unravel problems caused at least in part by a failure…Continue Reading
The back-to-school season has officially started, and, you are going to have to open your wallet wider than ever before.…Continue Reading
Turning eighteen is a significant milestone in many people’s lives. While teenagers may have felt grown-up long before the “Big One-Eight,” now they are legally recognized as adults. Adulthood may bring a mixed bag of feelings of freedom and trepidation.
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