The money envelope system has been around for years, and it’s an incredibly motivating and powerful way to keep spending in check. You can use this handy guide to understand and implement the money envelope system in your household.
It may be a new year, but scammers are still looking for ways to con you out of your money. Experts are warning of a new scam that involves changing the date on important documents.
Most of us are accustomed to abbreviating the date by using just the last two digits of the year when we need to write it. While it was fine to do in the past, continuing this practice in 2020 can be problematic. With the two sets of digits that make up the new year being identical, abbreviating the date on documents opens us up to multiple scams.
With all the change happening in the world right now, it’s easy to fall into a panic and wonder if there are some concrete steps you should be taking to maintain your personal finances. Luckily, your credit union is prepared and ready to help, continuing to offer financial support, robust online and mobile services and enhanced member services over the phone.
It isn’t easy to be holed up at home–no matter who your company is. After two days, you may be thinking there isn’t enough coffee or Netflix® in this world to keep from going stir crazy. If you are a parent (and even if you aren’t), you have the unique opportunity to set the tone in your home and decide if these weeks will be just a bit hectic for everyone or filled with precious memory-making and family-bonding activities.
When you feel you may have dug yourself deep into a pit, the only way to get out is to stop digging. The same rules apply to avoid financial pitfalls. This month, make your focus to stop racking up more debt. Read on for Step 2 in our 12-Step Get Out of Debt plan.