Financial Literacy

Moving your money: smart strategies for switching personal banking partners

Managing your money should be convenient and worry-free. Poor customer service, driving distances to ATMs, high interest rates on loans, and more can all create a negative banking experience. If you’re facing these obstacles, it’s time to find a better organization to handle your money. Finding a new personal banking partner can seem daunting, but it doesn’t have to be.

If you’re thinking about moving your money to a new financial institution, ask yourself the following questions to make a smart choice.

Read more…

Author SAC FCU Managing Editor

Financial Literacy

Getting a job with bad credit: Why it can be a challenge.

You probably expect potential lenders to scrutinize your credit report, but what about potential employers? There’s a chance that when you apply for your dream job, your credit report will be reviewed before an offer is extended. This can prove problematic if your credit report is riddled with delinquencies and judgments, particularly if you’re applying for a job where you’ll deal with money.

Read more…

Author SAC FCU Managing Editor

Financial Literacy

Dollar thrills: How to make your money work for you

As the end of the year approaches and resolutions take shape, it can be a good time to look over your financial situation and see what’s working – and what can be working harder.

Maybe you’ve been a superstar saver this year, and you’ve diligently put money aside for long-term goals. While we applaud your financial savvy, it’s worth taking an in-depth look at whether those funds could be earning more for you. If those dollars are parked in a low-yield checking account, it may be time to freshen up your banking mix for the new year.

Read more…

Author SAC FCU Managing Editor

Financial Literacy

Bring your personal financial literacy up a level

When it comes to financial topics, it seems like there’s an endless amount of insight, especially online. Just do a web search on “saving for retirement” and you get a dizzying amount of advice – but not all of it is sound. To help you navigate financial literacy topics more effectively, we’ve rounded up these resources to get you started:

Read more…

Author SAC FCU Managing Editor