Credit and Loans

Get smart about spending: Using a credit card wisely

Are your credit cards collecting dust or racking up frequent “swiper” miles? Whether your cards are dormant or constantly in use, you may be guilty of common credit card blunders that are costing you precious time and money. But learning how to use a credit card wisely can help ensure you’re taking full advantage of its benefits. We’ll show you how.

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Author SAC FCU Managing Editor

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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Author SAC FCU Managing Editor