4 Reasons a Holiday Loan is a Better Option This Season

If you’re like most people, you may not have money saved this year for the holidays. Likewise, you may be tempted to rely on credit cards for this year’s holiday expenses. However, this may do more damage to your finances in the long run. Not to mention, if you already have outstanding balances on your […]

Top 7 Refinancing a Car Loan Questions

If you’re looking at refinancing your auto loan, you’ll likely have questions. It is always best to do your research first. We get many questions about auto refinancing at Money FCU. Hopefully, this article will answer some of your auto loan refinancing questions. Here are the top 7 refinance car loan questions we receive. 1. […]

Is it a Good Idea to Buy a House During a Pandemic?

Q: I’ve been planning to buy my first home and I’ve spent years preparing for this purchase. Now that the coronavirus has had a negative impact on the economy, I’m wondering if I should go through with my plans. Is it a good idea to buy a house during a pandemic? A: The coronavirus outbreak […]

It’s Time to Talk About Christmas

How to Avoid Holiday Debt This Year We know it’s not even Halloween yet, but if you make a plan now, you’re less likely to overspend and be strapped come January. No one wants to be shocked by the amount of debt they racked up during the holiday season. Talk about a way to ruin […]

Preparing for Retirement in an Uncertain World

COVID-19 certainly threw many retirement plans for a loop. It’s not just the pandemic, but the financial uncertainty left in its wake that has many people rethinking their retirement goals. Suppose you’re planning to retire within the next ten years, or at least you were before the pandemic struck. In that case, you are probably […]

What is The 50/30/20 Budget?

Creating a budget can often seem so complex. The more complicated it seems, the less you’re inclined to make the effort. Unfortunately, you need a budget to help keep your spending in check and to ensure progress toward your short and long-term financial goals. If you’re new at creating a budget — or have been […]

Why 84 Month Auto Loans are a Bad Idea

Long-term auto loans are just one method finance companies and auto dealerships use to lower your monthly payments. Typically, the longer the term, the lower your monthly payments. Unfortunately, going 84 months on an auto loan ties you to a single car for at least seven years, and costs far more than you would have […]

Meet Money FCU’s 2020 Scholarship Winners!

2020 has been anything but normal for high school seniors. They adapted to distance learning, accepted substitute graduation ceremonies, missed iconic high school events, and planned for college when planning for an unknown future seemed impossible. With all of the obstacles this year presented, these bright, talented students persevered and are now excitedly looking ahead […]

Financially Preparing for the Unknown

The future is always uncertain. Perhaps now a little more than usual. Many people are facing more questions than ever before about their future related to their health, finances, jobs, and businesses. We understand this is unsettling. As you look ahead, there are many valuable lessons to take from all of this. One being how […]