Money Matters

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Browsing: Savings

Saving money is easier with tips from Farmers Insurance Federal Credit Union.

Financial Wellness
Buy Now, Pay Later?

Airfare to air fryers. Thai food to tie clips. Memorabilia to memory foam. You can purchase just about anything these days with a buy now, pay later (BNPL) plan. In 2022 alone, consumers in the US bought around $250 billion in goods using BNPLs. The allure of making a small initial payment and splitting the remaining obligation into a series of automatic withdrawals is undeniable. The question remains: Is this a smart way to gain spending flexibility or a tool rife for accumulating bad debt?

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Financial Wellness
How to Reduce Your Electricity Bill: Ten Tips for Saving Money

You’re probably groaning in frustrated agreement already. Electricity costs can quickly add up and become a significant expense for many households, especially when energy demand is high. With the cost of electricity constantly rising, finding ways to reduce your electricity bill is crucial. Luckily, there are many simple and effective ways to save money on electricity. Here are ten tips to help you save money on your electricity bill and lower your energy costs.

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Financial Wellness
The 2×2 System Financial Wellness Calendar: March

Last month we introduced the “2×2” financial wellness planning system. Why is it called 2×2? You set aside two hours on the calendar two times a month to complete a predetermined financial task. With this modest but consistent effort, you’ll sustain financial health and build wealth in easy bite-sized chunks that you check off the list each month.

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