Budgeting and Saving

Free eBook – The Guide to Budgeting and Saving

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

Credit and Loans

What is a Home Equity Line of Credit?

Maybe you’re interested in adding a deck to your house. Or maybe you want to help pay for your daughter’s wedding. If you’re a homeowner looking to borrow money, a HELOC might be a good option for you. So what is a home equity line of credit? In short, a HELOC is a revolving line of credit you can access by borrowing against the equity in your home. (Equity is the value of your house minus what you owe on it.) You can use these low-interest loans for just about anything, and approached correctly, a HELOC can be a smart way to borrow money: Here’s what you need to know about this kind of loan.

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Author SAC FCU Managing Editor

Budgeting and Saving

Boomerang Kids – Adjusting Your Budget for Their Return

Just when you think your nest is empty, it fills right back up! Adults returning to live with their parents are affectionately referred to as boomerang kids, and while many parents don’t mind the temporary return of their offspring, it can certainly result in extra expenses around the house. Luckily, some small adjustments can keep your once-again-full house from breaking the bank.

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387 total views, 4 views today

Author SAC FCU Managing Editor

Budgeting and Saving

Save Money by Reading the Fine Print

It’s a recurring theme for financial success: know what you’re getting yourself into. Whether you’re opening a checking or savings account or applying for a loan, reading the fine print is one of the best ways to ensure you fully understand the financial product. Below, learn how to save money by paying close attention to the terms and conditions.

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381 total views, 5 views today

Author SAC FCU Managing Editor

Budgeting and Saving

First Paycheck? Make it go further on a budget

Ah, there’s nothing like the thrill of getting that first paycheck from your first “real” job after college. You’ve probably spent it a million different ways in your head already, but before you use up the real thing, take a look at our tips for creating a budget. Get started on the right foot by allocating funds to savings, retirement, and more. And don’t worry: We’ll leave some room for the fun stuff, too!

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378 total views, 4 views today

Author SAC FCU Managing Editor