As legislators and policymakers work to reduce overall deficits, tax reform is likely to play a major role. Bank lobbyists are once again putting pressure on Congress to remove credit unions’ federal tax exemption. This move will significantly impact how credit unions operate and hurt the communities they serve.
Buy Now, Pay Later (BNPL) programs may be the latest payment craze, but the concept isn’t new. These same principles made credit cards popular. These payment options are gaining traction due to the lure of no-interest charges, convenient repayment schedules, and easy approvals. While convenient, hidden dangers are lurking in the waters that many are overlooking.
Have you ever wondered how the way you bank impacts the environment? It’s likely a topic that has flown under your radar. However, there are many simple, yet effective money moves you can incorporate into your daily life that will help Mother Nature and make managing your money easier.
Just when you thought payments couldn’t get any faster with apps like Zelle or Venmo, a new system is about to change the game. FedNow®, the Federal Reserve’s instant payment network, lets credit unions and banks move money in real-time, 24/7. Unlike peer-to-peer apps, it works behind the scenes, allowing businesses and individuals to send and receive payments instantly - no waiting, no delays.
March is Women’s History Month - a time to celebrate women’s achievements, including in finance. While many women are strong savers and decision-makers, some feel less confident about investing and long-term planning. With knowledge, smart habits, and support, every woman can take charge of her financial future.
Life insurance? It’s likely one of those things that hasn’t even crossed your mind yet – like retirement planning or switching to decaf. But here’s the thing: getting life insurance early is one of the smartest financial moves you can make. It’s more affordable, and it ensures that your loved ones are protected.
Most of us know the Five Love Languages - Words of Affirmation, Acts of Service, Receiving Gifts, Quality Time, and Physical Touch - as ways we express and experience love in relationships. But love languages aren’t just about romance; they can also shape the way we handle money.
As fall begins to fade and winter weather starts to show signs, it’s essential to start preparing your home for the colder months ahead. Winterizing your home can help prevent damage to your property and avoid hefty utility bills – keeping both your home and budget warm and cozy.
Insurance can be a tricky subject for many. It covers the “ifs” in life - What if my home is damaged? What if I’m in a car accident? What if my child gets sick? Because these scenarios have yet to happen, it can make people focus more on upfront insurance costs than the benefits available.
Car insurance often feels like a love-hate relationship. While you love that you, your family, and your vehicle are protected, no one enjoys paying costly insurance premiums. If your goal is to lower your policy price, it helps to understand how insurance companies determine your rate.
