Financial success starts with a solid foundation. Get started today by learning about budgeting and financial basics.
#CashStuffing has quickly gained popularity on social media as people look for ways to adjust their spending to accommodate increasing prices at the gas pump and store shelves. Cash stuffing is basically a rebranding of the old tried and true method called the envelope system — take out cash at payday for discretionary purchases and divide it into dedicated envelopes for different spending categories, like gas, groceries, dining out, and so on.
While each retiree’s dream might be different, today’s senior citizen typically looks forward to making time for family, hobbies and travel. Today’s rapidly rising prices might cause seniors to put those dreams on hold. It’s understandable why seniors might feel anxious.
As the world continues to react to the virus, scammers are adapting their techniques to steal your money. With the increase in the number of transactions with the IRS this year (including child tax credit pre-payments, economic stimulus payments, and federal unemployment), the door has also become more widely open to thieves attempting to steal your tax benefits and your identity.
Thinking about a new or “new to you” car? Having a reliable set of wheels is a crucial part of our daily lives, but it’s also a big financial decision that will likely impact your budget for the next several years. You know you’ll need to protect your ride with car insurance, and maybe even get a AAA membership, but are you aware of these programs that give you financial peace of mind?
Now it’s time to take steps after the relief programs end. Borrowers should be ready to make student loan payments, even as policymakers discuss further extensions in the face of an increased number of borrowers becoming delinquent or defaulting on their loans. Listed here are steps to move forward as protections end:
Identity theft continues to be more than just a costly headache. Once the bad guys have your identity information they can make repeated attempts to try to access your accounts, apply for credit in your name, and even steal your tax refund. This month we’re going to dig into some lesser-known, proactive steps you can take in the new year to protect yourself from becoming the target of identity fraud.
For many years, research has shown that women in the U.S. are approved for less than men when they apply for credit products and are more likely to be denied outright. Perhaps because of this, women also put off applying for credit when compared to men, even when they need it to get on solid financial ground.
When you’re just starting out, there’s a lot to learn about your finances and it can definitely feel overwhelming — but we’re here to help. We recently sat with some local college students to talk money, and here are the answers to their questions:
With prices rapidly rising on everyday items, perhaps your savings plan has gone by the wayside. These tips will help you find more money in your budget –starting with saving at the grocery store.
We partner with GreenPath Financial Wellness to offer unbiased, empathetic, one-on-one financial advisement to our members. GreenPath’s certified credit counselors offer free assistance with budgeting, general financial wellness, debt counseling, foreclosure prevention and support, and student loan payment. GreenPath also offers a Debt Management Program where they negotiate with creditors on behalf of members enrolled in the program to reduce interest rates and help them repay debts faster. In 2021, GreenPath’s certified counselors assisted 8 SESLOC members with a combined $161,488 in debt pay off $55,656 through the program — that’s a reduction of outstanding debt by 34% in under a year!
SESLOC Credit Union announced today that Geri LaChance will retire as President and CEO effective June 2024 after 12 years of leadership at the credit union. LaChance will be succeeded by Executive Vice President/Chief Financial Officer Mike Quamma.
On the corner of People & Place, amazing things happen. Let’s take a look a back at what we’ve achieved together.
SESLOC employees cut back on nearly 10,000 miles this past quarter, saving 3.87 tons of carbon dioxide from entering our local air. Methods including like riding a bike, taking the bus or carpooling instead of driving alone, or telecommuting. Reducing our carbon...
SESLOC employees eliminated 690 trips, saving 3.14 tons of carbon dioxide from entering our local air, by using alternative commute methods during the third quarter of 2023. Methods including like riding a bike, taking the bus or carpooling instead of driving alone,...
SESLOC is celebrating Hispanic Heritage Month from September 15th to October 15th and the important contributions Hispanics and Latinos make to strengthen our community. To join in the celebration, check out some festive local celebrations planned for 2023: