Money Matters

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Browsing: Credit Cards

Financial Wellness
Three Reasons to Always Pay More Than the Minimum

Credit cards are a valuable financial tool for both individuals and businesses, but they come at a price. You get purchasing power on the spot, and the creditor only requires you to pay off a small amount of the total every month, i.e., the minimum amount due. However, it’s important to remember that the minimum is calculated in the best interest of the creditor, which puts you at a disadvantage.

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Financial Wellness couple looking at statement
Our Year End Challenge: Pay Down Credit Card Debt

The holidays are here. Which means pie, eggnog, trees, tinsel―and debt. With inflation increasing and holiday debt a-plenty, maybe the tree isn’t the only thing you’ll want to trim this year. Cutting debt is a great resolution, and an excellent way to improve your financial health and stability. Plus it may be easier than you think – with a little help from your Credit Union.

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Keeping Your Money Safe
Are Store Cards Worth It?

When you’re at the cash register, it is almost inevitable that a real or virtual salesperson will make a pitch to sign you up for a store credit card. It is easy to be tempted by the one-time discount offered. But, before you get one, it is a good idea to consider the following factors.

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