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…

July 6, 2020PEFCU Perks, We Are PEFCU No Comments
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…

Witchy Ways to Avoid Debt Spells

Greetings, all you savvy sorcerers of savings! This Halloween, we’re delving into the mystical realm of financial wisdom. Just like a skilled witch wards off curses, you can shield yourself from debt spells with our magical tips. 🧙‍♀️✨  🌟 1. Potion of Responsible Credit Card Usage 🌟   Brew up a potion of knowledge and use your credit cards wisely. Keep balances low and pay them off on time to avoid falling into the grasp of high-interest debt goblins. Remember, credit cards are tools, not magic wands! 💳🔮  🌟 2. Enchanting Emergency Fund 🌟   Craft an enchanting emergency fund to protect…

September 18, 2023Borrowing Basics No Comments
Witchy Ways to Avoid Debt Spells

Greetings, all you savvy sorcerers of savings! This Halloween, we’re delving into the mystical realm of financial wisdom. Just like a skilled witch wards off curses, you can shield yourself from debt spells with our magical tips. 🧙‍♀️✨  🌟 1. Potion of Responsible Credit Card Usage 🌟   Brew up a potion of knowledge and use your credit cards wisely. Keep balances low and pay them off on time to avoid falling into the grasp of high-interest debt goblins. Remember, credit cards are tools, not magic wands! 💳🔮  🌟 2. Enchanting Emergency Fund 🌟   Craft an enchanting emergency fund to protect…

Rev Up Your Car-Buying Strategy: Navigating Rising Interest Rates

Navigating between rising interest rates and higher car prices can feel like driving on winding roads. While the current market conditions might not seem ideal for purchasing a new car, there are many ways to make your hard-earned dollars go further.   So, buckle up and enjoy a few savvy tips that will help save you money and steer you toward an excellent car-buying experience.   Do Your Research First  The last thing you want to do is walk mindlessly onto a dealer lot, especially as prices and financing costs are rising. Spending a few hours researching could save you hundreds, or…

September 14, 2023Wallet Wins No Comments
Rev Up Your Car-Buying Strategy: Navigating Rising Interest Rates

Navigating between rising interest rates and higher car prices can feel like driving on winding roads. While the current market conditions might not seem ideal for purchasing a new car, there are many ways to make your hard-earned dollars go further.   So, buckle up and enjoy a few savvy tips that will help save you money and steer you toward an excellent car-buying experience.   Do Your Research First  The last thing you want to do is walk mindlessly onto a dealer lot, especially as prices and financing costs are rising. Spending a few hours researching could save you hundreds, or…

10 Strategies to Maximize Your College Budget

Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible.   To help enhance your college experience, we’ve put together ten tips to help take your money further while limiting how much you need to borrow in student loans.  Creating an Ideal Budget  Before we jump right into the money-saving tips, you must start with a reasonable budget. College life is always on the go and forever changing, so you…

September 14, 2023Future Planning No Comments
10 Strategies to Maximize Your College Budget

Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible.   To help enhance your college experience, we’ve put together ten tips to help take your money further while limiting how much you need to borrow in student loans.  Creating an Ideal Budget  Before we jump right into the money-saving tips, you must start with a reasonable budget. College life is always on the go and forever changing, so you…

Celebrate International Credit Union Day

On Oct. 19, 2023, credit union members around the world will celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This year marks the 75th anniversary.  Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for more than 393 million members in 118 countries worldwide. More than 87,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change. PEFCU has provided financial services for Publix Associates and their family members since…

September 14, 2023We Are PEFCU No Comments
Celebrate International Credit Union Day

On Oct. 19, 2023, credit union members around the world will celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This year marks the 75th anniversary.  Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for more than 393 million members in 118 countries worldwide. More than 87,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change. PEFCU has provided financial services for Publix Associates and their family members since…

How to Access Cash Quickly Without Payday Loans

Sometimes you need quick access to money. The car engine light came on. The refrigerator is on its last legs. You’re facing a reduction in hours at work. Unplanned expenses and financial hiccups pop up regularly. All these scenarios have one thing in common – they can throw off your budget instantly and put you in a financial pickle.   While payday loans might seem like a quick fix in a pinch, other, more affordable alternatives are available. Knowing your options ahead of time can prevent costly headaches down the road.  What Not to Do in a Financial Pinch:  Facing large,…

September 14, 2023Wallet Wins No Comments
How to Access Cash Quickly Without Payday Loans

Sometimes you need quick access to money. The car engine light came on. The refrigerator is on its last legs. You’re facing a reduction in hours at work. Unplanned expenses and financial hiccups pop up regularly. All these scenarios have one thing in common – they can throw off your budget instantly and put you in a financial pickle.   While payday loans might seem like a quick fix in a pinch, other, more affordable alternatives are available. Knowing your options ahead of time can prevent costly headaches down the road.  What Not to Do in a Financial Pinch:  Facing large,…

How Credit Unions Differ from Banks

From the outside, credit unions appear very similar to banks. They both offer similar financial products and services, from savings and checking accounts to loans and credit cards. However, it’s essential to recognize the significant distinctions between these two entities because they can greatly influence your day-to-day financial well-being.  For example, credit unions are not-for-profit, and their loan rates are generally lower than competing banks. This variance alone can save you a significant amount of money. Keep reading to learn about all the perks that accompany credit union membership.  What is a Credit Union?  Credit unions are not-for-profit financial cooperatives…

September 14, 2023PEFCU Perks No Comments
How Credit Unions Differ from Banks

From the outside, credit unions appear very similar to banks. They both offer similar financial products and services, from savings and checking accounts to loans and credit cards. However, it’s essential to recognize the significant distinctions between these two entities because they can greatly influence your day-to-day financial well-being.  For example, credit unions are not-for-profit, and their loan rates are generally lower than competing banks. This variance alone can save you a significant amount of money. Keep reading to learn about all the perks that accompany credit union membership.  What is a Credit Union?  Credit unions are not-for-profit financial cooperatives…

Gen Z: It’s Time to Kickstart Your Credit Journey

Whether you are college bound or heading into the workforce, there is something all young adults need to know about: your credit score. Think of this three-number score as your financial GPA. It holds the keys to your dreams of owning a car, renting your first place, or even landing that dream job.   The best part? Laying the foundation for a great score requires minimum effort. The trick is to get started early. The following guide will highlight strategies to build your credit score and tips to keep your score favorable. It’s easier than you think and can tremendously impact…

September 14, 2023Future Planning No Comments
Gen Z: It’s Time to Kickstart Your Credit Journey

Whether you are college bound or heading into the workforce, there is something all young adults need to know about: your credit score. Think of this three-number score as your financial GPA. It holds the keys to your dreams of owning a car, renting your first place, or even landing that dream job.   The best part? Laying the foundation for a great score requires minimum effort. The trick is to get started early. The following guide will highlight strategies to build your credit score and tips to keep your score favorable. It’s easier than you think and can tremendously impact…

Estate Planning: Peace of Mind for You & Your Family

Amidst the countless shared experiences with friends and family, it’s easy to focus on the here and now. But there’s a chapter of life that we all must consider – one where we’re not present to guide and support our loved ones.  No one wants to picture a world without them; however, planning for this scenario is one of the most generous tasks you can undertake for those you love. It provides peace of mind, direction, and comfort, knowing your intentions will echo through the years – offering guidance when others need it most.   What is Estate Planning?  People commonly…

September 14, 2023Future Planning No Comments
Estate Planning: Peace of Mind for You & Your Family

Amidst the countless shared experiences with friends and family, it’s easy to focus on the here and now. But there’s a chapter of life that we all must consider – one where we’re not present to guide and support our loved ones.  No one wants to picture a world without them; however, planning for this scenario is one of the most generous tasks you can undertake for those you love. It provides peace of mind, direction, and comfort, knowing your intentions will echo through the years – offering guidance when others need it most.   What is Estate Planning?  People commonly…

Tips to Achieve an 800+ Credit Score

An excellent credit score will unlock plenty of financial perks. Loan approvals are much easier, and you’ll qualify for the best rates – potentially saving you thousands of dollars. However, if your goal is to push your credit score over the 800-line, you likely already know quite a bit about this subject.   Going from a “very good” to an “exceptional” credit score is like losing those last five pounds after shedding a significant amount of weight. It can be challenging, but it’s so worth it once you get there. In this article, we’ll share some tips to help you reach…

September 1, 2023Wallet Wins No Comments
Tips to Achieve an 800+ Credit Score

An excellent credit score will unlock plenty of financial perks. Loan approvals are much easier, and you’ll qualify for the best rates – potentially saving you thousands of dollars. However, if your goal is to push your credit score over the 800-line, you likely already know quite a bit about this subject.   Going from a “very good” to an “exceptional” credit score is like losing those last five pounds after shedding a significant amount of weight. It can be challenging, but it’s so worth it once you get there. In this article, we’ll share some tips to help you reach…

When Does a Home Equity Loan Make Financial Sense?

As a homeowner, you possess a unique financial advantage – the ability to build and utilize the equity in your property. Home equity loans offer an affordable means to finance a wide range of expenses, including home renovations, weddings, and higher education.   Nevertheless, some homeowners are hesitant to access their home’s equity. Often, people are unsure how these loans work and their potential benefits. Others aren’t positive whether a home equity loan is the best solution for their financial needs.   Before highlighting the best ways to use home equity loans, it’s helpful to begin with the basics.  What is a…

September 1, 2023Borrowing Basics No Comments
When Does a Home Equity Loan Make Financial Sense?

As a homeowner, you possess a unique financial advantage – the ability to build and utilize the equity in your property. Home equity loans offer an affordable means to finance a wide range of expenses, including home renovations, weddings, and higher education.   Nevertheless, some homeowners are hesitant to access their home’s equity. Often, people are unsure how these loans work and their potential benefits. Others aren’t positive whether a home equity loan is the best solution for their financial needs.   Before highlighting the best ways to use home equity loans, it’s helpful to begin with the basics.  What is a…