Welcome To Making Money Prosper
At every stage in life, we all need a routine checkup for our financial health. That is why we’ve launched Making Money Prosper! This blog is dedicated to you, our PEFCU members. We’re here to help you live your best financial life by teaching you to successfully save, invest, and manage your money. Adulting can be hard–we get it! We want you to find success through all of life’s stages: like purchasing your first car, traveling the world, planning for retirement, and everything in between. At PEFCU, our goal is to educate you and your family about your personal finances…
7 Ways to Leverage Your Home’s Equity for a Brighter Future
Recently, home values have been trending upward. As your home’s value increases, so does your available equity. This current trend provides homeowners with the opportunity to leverage their home’s equity to achieve financial goals and build a brighter future.  The two most common ways to access your home’s equity are through a Home Equity Loan or a Home Equity Line of Credit, also referred to as a HELOC. Since both are secured loans, using your house as collateral, they typically offer more favorable rates and terms than unsecured loans, such as credit cards or personal loans.   Understanding how to put…
