Taking control of your financial health starts with education.
No matter your age or stage in life, it pays to know the facts about personal finances. When you understand the basics, you can set yourself up for success and build a healthy financial future.
There’s a new spending trend in town, and many are calling it “revenge spend.” As the COVID-19 vaccine gains momentum and restrictions ease, people are opening their wallets to make up for lost time during the lockdown.
If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit for certain other dependents who are not qualifying children.) The American Rescue Plan Act of 2021 makes substantial, temporary improvements to the child tax credit for 2021, which may increase the amount you might receive.
Lifestyle creep, or lifestyle inflation, happens to the best of us. As your standard of living improves, your non-essential discretionary purchases gradually increase. You might even start to think your “wants” are “needs.” Some creep is natural and to be expected, but excessive creep can derail your finances.
Do you use others for the barometer of what you should have or deserve to have? Constant exposure to your friends’ vacations, experiences, dining out, luxury purchases, new cars, and house upgrades on social media amplifies “FOMO (fear of missing out)” and the desire to “keep up with the Jones’s.”
Download I’m a Credit Union Saver, a fun activity book filled with coloring pages, puzzles, and more! I’m a Credit Union Saver is an introduction to credit unions and saving money. Check out more fun online tools to teach kids about money. ...
Practical money management skills learned at an early age can have a lasting impact on the rest of your child’s life. In fact, this is one of the most important areas where you can truly change the course of their life. Educating your children about financial wellness will help them build healthy spending habits for the future.
Refinancing your mortgage might seem daunting, but a refi can lower your monthly payment or save you money with a better interest rate. We’re answering the most frequently asked questions about refinancing below,
Going green doesn’t have to break the bank. In fact, there are small things you can do every day to promote environmental sustainability and save money at the same time. Check out these 5 tips for going green:
In January 2021, we sent out our first ever Member Pulse Survey where we asked our valued SESLOC members about their shopping trends and habits over the recent holiday season. 885 responded, revealing five key takeaways into local spending. Read up to see how you can take action to tackle holiday debt or prepare for the 2021 season:
SESLOC introduced the Save to Win certificate last November to give members a fun, unique way to develop a habit of savings.
As you review your HomeFREE Checking account and debit card transactions in Online Banking, see how many SESLOC Reward points you’ve earned. One you are logged in, navigate to Services > Rewards Points. If it is the first time you’ve accessed SESLOC Rewards, you’ll be prompted to register. It just takes a minute! Then you can redeem points for merchandise, gift cards, travel experiences and more.
Hand-me-downs are great for starting out on your own, but eventually it’s nice to outfit your home with something that’s truly yours. Every time you use your HomeFREE Checking debit card or Visa® Signature Rewards card, you earn points that can be redeemed for gift cards, appliances, and home decor.
Keep your budget on track with your personal SESLOC Money Coach. We’re proud to offer the expertise of specially-trained Money Coaches, who can help you get control of your finances, from building emergency savings to reducing debt. Each of our coaches completed a 6-month training program to learn how to assess your financial health and provide guidance toward achieving goals.
2019 has been quite a year! We launched new services and programs to make SESLOC more convenient and accessible, and hosted educational seminars to ensure you have the tools to achieve financial wellness.