If you’re looking to use up flexible spending account (FSA) funds, now is a good time to make some doctor’s appointments and stock up on eligible items. An FSA is an employer-sponsored plan that sets aside pretax dollars from your paycheck into a special savings account. FSA contributions are deducted in equal increments throughout the … Continue reading “Use Your Flexible Spending Money Now. Or Risk Losing It.”
Category: Personal Credit
If your kids are reaching the age where they’re ready to open a savings account, they may be aware that the word “bank” has some negative associations associated with it. The repercussions of the financial recession are still reverberating through the culture, and the reputation of big banks have not fully recovered. So if your … Continue reading “Hey, Mom and Dad? What’s a Credit Union?”
It’s back to school time again! For many that means kids off on busses and to carpools, but for others that means tuition stress, or possibly holding off further education until they feel they can afford it. The good news is, you don’t have to pay an arm and a leg to go back to … Continue reading “7 Ways You Can Afford to Go Back to School”
Did you know you’re saving money—maybe hundreds of dollars a year—just by being a Liberty Savings CU member? Credit unions typically charge fewer and lower fees than other financial institutions, according to the Credit Union National Association’s (CUNA) latest membership benefits report. Of course, the amount you save has a lot to do with your financial … Continue reading “Credit Union Membership is Worth Hundreds”
If you’re mired in debt, you may perk up when you hear about offers to lower your debt and save you money. Offers from credit cards frequently entice you to move your debt to their card with quick incentives like money back or 0% interest for a few months. Maybe you’d be eager to jump at … Continue reading “Is Debt Consolidation the answer?”
Do you know your credit score? Did you know you could access it for free? For more than 10 years, consumers have been able to get their credit reports for free at AnnualCreditReport.com. Sponsored by the federal government, the website allows you to look at a detailed list of your financial history, including payments and … Continue reading “Learn your credit score for free”
Do you feel like you’re drowning in debt? The national average credit card debt per household is $7,087. About 47% of households carry a balance on credit cards from month to month. Our reliance on plastic and other forms of credit makes life difficult for families struggling to make ends meet. Even if you’re still in … Continue reading “A personal debt assessment: your financial life preserver”
Money worries are rampant among Americans. A recent survey by Ohio State University found that 70% of the nearly 19,000 students surveyed reported feeling stressed about money. Half worried about not having enough money for daily expenses, and 60% were anxious about the cost of tuition. But it’s not just college-age adults who worry about … Continue reading “Don’t let money worries rob you of sleep”
Have you noticed the new chips embedded in your credit cards? You may have even experienced paying with your new card at a store. Cards without the chip use a magnetic strip on the back to permanently store your financial information, making it an easy target for data thieves to simply scan your card and capture your information. … Continue reading “Chip cards help cut credit card fraud”
There are times in life when you want or need to spend more cash than you have on hand. You can borrow the money and pay it back a little at a time if you have reasonably good credit. Depending on what you plan to do with the money there different types of personal loans available. … Continue reading “When to get a personal loan”