Digital payment apps like Cash App, PayPal, and Venmo have gained immense popularity, but it's crucial to be aware of the risks involved in storing your funds on these platforms. Unlike traditional bank accounts, payment apps do not provide federal deposit insurance, leaving your money vulnerable in times of crisis. Recent incidents involving the collapse of banks like Silicon Valley Bank, Signature Bank, and First Republic Bank have highlighted the need to safeguard your funds.
Protecting Your Funds: The Importance of Insured Financial Institutions
Monday, August 28, 2023
Show Me the Money: 5 Ways to Demystify Finance for Your Kids
Friday, April 14, 2023
In celebration of Financial Literacy Month, we'd like to offer up five suggestions on how to make money a fun, applicable, hands-on topic for the youngest members of your household. While many of us view children and finance through the lens of what we’re spending, we don’t often consider the power of our own example.
Debt Consolidation With a Personal Loan
Thursday, February 16, 2023
Recent research from the Filene Research Institute, a thought leader in the Credit Union Movement, has revealed that “more than half of Americans revolve on their credit balances, deflating their credit scores and depleting their savings, especially when they prolong their indebtedness by making smaller monthly payments than they could.”
Protecting Yourself From Holiday Identity Theft
Friday, December 23, 2022
The holiday season is a time when people are more vulnerable to identity theft scams. Not only are people making more purchases than any other time of year, but they are often distracted when doing so. During the holiday season, stores and shopping malls are bustling with people – especially at peak shopping times during evenings and weekends. When shoppers are focused on their gift lists, looking for bargains, or tending to the kids, attention might not be on security.
Set ‘Em and Forget ‘Em: Four Financial Resolutions You Can Accomplish Now
Wednesday, December 07, 2022
New Year’s resolutions are a mixed bag for many of us. On the one hand: personal betterment! On the other hand: methodical auditing of our refrigerator, checking account, and various vices. On the cusp of a fresh calendar year, we feel compelled to immediately transform our lives, but— as is the case with most good things— change takes time. This is especially true when it comes to
financial goals. And in the aftermath of steep holiday spending, our goalposts can feel...far away.
If you want a few financial resolutions that you can achieve early into the new year (because who doesn’t love an easy to-do list?) here are some suggestions.
