Financial Planning and Wealth Management

Who needs a personal financial advisor? (Probably you!)

You might be able to refinish a table, but chances are you’d call in a carpenter to build an addition on your home. When it comes to financial planning and goal setting, there are many tasks that people choose to do on their own, from budgeting to paying their taxes. But sometimes, it may be worth it to get some insights from the experts.

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Author SAC FCU Managing Editor

Budgeting and Saving

How to budget for a brighter future [free e-book]

With the number of financial transactions that can happen during a typical day, it’s easy to look over your monthly bank statement and wonder where your paycheck went. But by taking a more proactive approach and learning how to budget, you can prevent that “what happened?” moment and develop a greater understanding of income and expenses. Even better, proper budgeting can set you on the path toward boosting your savings.

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Author SAC FCU Managing Editor

Financial Literacy

Learn the lingo: Your mortgage dictionary for 10 key lending terms

When you’re looking to buy your first home, you know what you want, from the open floor plan and hardwood floors right down to that kitchen island you’ve been dreaming about. But do you have the same savvy when it comes to working with a mortgage lender? Sue Mohr, VP of Mortgage Lending at SAC FCU, helped us create this handy mortgage dictionary of 10 key lending terms you’ll want to learn before you begin the homebuying process.

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Author SAC FCU Managing Editor

Credit and Loans

Factors that affect interest rates on personal loans

Looking to consolidate debt? Take a vacation? Make a big purchase? A personal loan might be the answer. A personal loan is an unsecured loan that can be used for anything you need that requires a little extra cash. Unsecured means there’s no collateral (like with an auto or home loan). This represents a higher risk to the lender, but that doesn’t mean rates will be sky-high, and interest rates on personal loans aren’t one-size-fits-all.

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Author SAC FCU Managing Editor