Every year, we make tons of resolutions. We sign up for a gym membership and vow to get healthy, we swear to ourselves we’ll start going to bed on time, and we make promises to become healthier, happier people. But this year, the best resolutions you can make are the ones that affect your finances. Help nurse your credit score back to health, make your checking account happier, or invest in your future and start down the path of a healthier, happy financial year.
For a millenial, saving can seem like a scary word. We often look at saving as something meant for adults looking to buy a house or save for retirement, simply not applicable to us. However, starting to save in your 20's can have incredibly positive effects on your financial wellbeing as you continue into adulthood. Here are some reasons saving is important and some ways to start saving (even if you think you have no money).
As summer comes to a close, and fall is upon us, most of us are probably realizing the same thing; we spent way too much money this summer. From vacations, to home improvement, to the perfect beach bag, summer spending can get to even the best of us. But not to worry! As fall rolls around, here are some certified tips to get back on track with your savings account just in time for the holidays!
Share Certificates: You might have seen this term before but didn’t know what it meant. Share Certificates are a secure, long term investment that give you the returns you deserve, while giving you the flexibility to choose how much you invest and the length of term.
If you’ve been following this blog, you may have suddenly realized that you want everyone in your family to become member-owners of the USC Credit Union. However, they might also be hesitant to make the switch. The process of closing one account and opening another appears daunting, but it is actually very easy! If you want to share the joy of lower fees, greater accessibility, and better resources with a loved one, just send this blog their way to clarify the process.
A savings account is one of the simplest types of bank accounts. It allows you to store cash securely and earn interest on your money. Banks and credit unions have three kinds of savings vehicles, each with varying requirements and levels of return. Knowing the differences — what’s good about them, what could be a problem — is the first step toward finding the right savings account for you.