Money Matters

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Browsing: Personal Finance

Financial articles for FIGFCU members by your Credit Union.

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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Credit Union News
Transferring Money Made Easy!

An unexpected auto repair bill. A higher than planned credit card bill. Tuition is due. There are a variety of reasons why you may need to transfer money around your Credit Union accounts or to a family member or friend. Regardless of the reason, the process should be quick and easy.

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Financial Wellness
9 Reasons To Start Saving For The Holidays Today

The holiday lights and decorations are tucked away in your attack or garage. Holiday music has stopped playing at your local mall. You’re no longer scouring the internet or stores for the perfect gift. And all the holiday guests have left. Phew! Let’s talk about the 2024 holiday season. Now is the perfect time to start saving money for this year’s end-of-year celebrations.

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Financial Wellness
Give Yourself The Gift Of Savings

We hope you received everything you hoped for during the holiday season. If not, it’s time to give yourself a gift that keeps giving: The gift of saving money. On the surface, it may not sound as exciting as what was on your holiday wish list, but it’s a habit that can help you.

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