USC Credit Union Blog

USC Credit Union Blog

Cal

Recent Posts

Saving Money for Something Big

Posted by Cal on Mar 18, 2015 11:46:43 AM

The process to amass a nice-sized savings account takes time dedication, patience and determination. When a member reaches a respectable savings amount, then comes the process of maintaining and growing it to an amount that didn’t seem possible at the start.

An April 2014 Gallup poll shows that 62% of Americans are enjoying saving more money than spending it. The current personal savings rate in the U.S. is 5.4% as of August 2014, according to the U.S. Bureau of Economic Analysis. Financial experts recommend saving 10 percent of your annual income for financial security.

While not everyone is able to maintain that level of savings, there are steps you can take to learn how to save money and to build a solid savings account.

Read More

Spring Break Budget Tips

Posted by Cal on Mar 10, 2015 10:22:00 AM

The coming of spring means different things to different people. But for many families and college students, spring break usually means one very important thing: Time to travel! The good news is you can find tons of ways to travel this coming spring without breaking the bank. 

Read More

Rent This, Buy That

Posted by Cal on Feb 25, 2015 11:24:06 AM

To rent or to buy? Doesn’t seem like a very complicated question, does it? Going to Vermont for the weekend? Rent skis. You got a new job? Buy a suit. The permanence of the purchase is the real and underlying variable. You will only need those skis for a few days, but that suit will be around for a long time.

Read More

Why 2015 Is the Year to Switch to a Credit Union

Posted by Cal on Feb 19, 2015 9:21:12 AM

Credit unions have become more competitive with the nation's banks. They can open accounts for almost anyone, even businesses, write mortgage loans, and generally provide any basic banking service that for-profit banks can.

And over time, credit unions have become fiercely competitive. Their not-for-profit status allows them to operate without a goal of profitability. Their tax-free status means they don't have a huge expense that taxed, for-profit banks have to pass on to their customers. Without the need to generate a profit, or pay taxes, credit unions have a massive advantage on the banks -- an advantage that can benefit the customer.

Read More

A Guide To Breaking Up With Your Bank

Posted by Cal on Feb 13, 2015 11:50:26 AM

You’ve decided: It’s time to ditch your bank. But are you ready to make the switch?

There are plenty of reasons for wanting to change banks. Maybe you’re fed up with paying ATM fees, so you want a bank with branches closer to home or work. Or you found an account with a credit union or a smaller bank that promises better customer service or charges fewer fees.

Whatever the deciding factor, many people who think about changing banks end up staying put — often because of worries about the work involved. “It takes a little bit of time and effort,” says Greg McBride, chief financial analyst for Bankrate.com. “There’s a natural tendency to cringe at the thought of it.”

Indeed, people who aren’t careful when they make the change can face steep fees for missed payments, unnecessary money transfers and overdrafts. Here are some tips for breaking up with your bank.

Read More

15 Tips to Save on Valentine’s Day

Posted by Cal on Feb 4, 2015 9:28:57 AM

The sexiest way to save on Valentine’s Day? Do the seemingly impossible: spend less and get more.

Read More

Enter the TurboTax $25K Giveaway!

Posted by Cal on Jan 28, 2015 9:05:00 AM

This year, make sure your taxes are done right and get a chance to win big. Try any TurboTax® Online product for free and you’ll be entered into the TurboTax $25K Giveway.1

  • All you need to know is yourself. TurboTax translates taxes into simple questions about your life and puts everything in the right forms for you.
  • You won’t miss a thing. TurboTax searches over 350 deductions and credits, so you can be confident you’re getting the biggest refund you deserve.
  • Double checks as you go. TurboTax runs error checks and a final review of your return to help make sure your taxes are done right.
Read More

Running the LA Marathon? Keck Medicine of USC Want to Help!

Posted by Cal on Jan 23, 2015 10:30:00 AM

Keck Medicine of USC wants your marathon experience to be a healthy one. Check out these tips for running your best race!

Read More

Tax Changes for 2015

Posted by Cal on Jan 21, 2015 10:21:12 AM

What's New in the Ever-Evolving U.S. Tax Code.

It’s nearly impossible to talk about taxes without remembering Benjamin Franklin’s observation: “In this world, nothing can be said to be certain, except death and taxes.”

Read More

Why a New Year’s Resolution to Save More May Actually Work

Posted by Cal on Jan 2, 2015 12:00:00 PM

The economy is up, and New Year's Resolutions are on the decline. Too bad, because making a financial commitment can really help you reach your goals.

Most New Year’s resolutions are pointless. Only one in 10 people stick with them for a year, and many folksdon’t last much more than a month. But as 2015 approaches, you might consider a financial New Year’s resolution anyway. Those who resolve to improve their money behavior at the start of the year get ahead at a faster rate than those who do not, new research shows.

Among those who made a financial resolution last year, 51% report feeling better about their money now, according to a new survey from Fidelity Investments. By contrast, only 38% of those who did not make a money resolution said they felt better.

Read More

Welcome to our Blog!

We provide the tools to build a smart financial future.

At USC Credit Union we put financial success in your hands. It's your future. Own it.

Subscribe

Recent Posts

Topics

see all

Follow Us