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

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…

Tips for Lowering Stress During the Holidays 

While holidays are a time for cheer and spending time with family, many also experience heightened levels of stress. With all that has happened this year, you may find yourself more overwhelmed than usual as the holidays approach.   However, even in these unsettling times, there are things you can do to help reduce your stress during the holidays. Below are some tips to help you get through the holidays as stress-free as possible.   Ask people to pitch in when you host holiday events. Instead of providing all the food yourself, ask others to prepare and bring a dish to help out. If you have guests that don’t cook, consider asking…

December 2, 2021Wallet Wins No Comments

While holidays are a time for cheer and spending time with family, many also experience heightened levels of stress. With all that has happened this year, you may find yourself more overwhelmed than usual as the holidays approach.   However, even in these unsettling times, there are things you can do to help reduce your stress during the holidays. Below are some tips to help you get through the holidays as stress-free as possible.   Ask people to pitch in when you host holiday events. Instead of providing all the food yourself, ask others to prepare and bring a dish to help out. If you have guests that don’t cook, consider asking…

8 Guilt-Free Ways to Save Money During the Holidays

Article brought to you by:   At some point, you have to stop putting it on your credit card “and paying it off in January.” Just say no!   I used to think it was so strange when my mom joked, “Let’s just skip everything this year, OK?” How could she even dream of it!   But as a relatively functioning adult with my own bills and credit card balance to think about, I find myself agreeing with her. I may be too young still to be this cynical, but I also haven’t been this stressed since … last December.   No matter how many…

November 30, 2021Wallet Wins No Comments

Article brought to you by:   At some point, you have to stop putting it on your credit card “and paying it off in January.” Just say no!   I used to think it was so strange when my mom joked, “Let’s just skip everything this year, OK?” How could she even dream of it!   But as a relatively functioning adult with my own bills and credit card balance to think about, I find myself agreeing with her. I may be too young still to be this cynical, but I also haven’t been this stressed since … last December.   No matter how many…

Tips for Shopping Early this Holiday Season 

Fall is here, which means the winter holidays are right around the corner. Anyone could feel a little overwhelmed during the holiday season, leading to procrastination, shopping anxiety, or delayed gift-picking. But the holidays are meant to be full of fun and love, so minimizing your stress is the best strategy for thoroughly enjoying the holidays.   Below are a few tips that will help you be “on your game” by shopping early this year!    1) Create a Gift List   While it can be fun to buy gifts for everyone you know, smart holiday shopping starts with creating a list of your closest relationships. Once you make the…

November 5, 2021Wallet Wins No Comments

Fall is here, which means the winter holidays are right around the corner. Anyone could feel a little overwhelmed during the holiday season, leading to procrastination, shopping anxiety, or delayed gift-picking. But the holidays are meant to be full of fun and love, so minimizing your stress is the best strategy for thoroughly enjoying the holidays.   Below are a few tips that will help you be “on your game” by shopping early this year!    1) Create a Gift List   While it can be fun to buy gifts for everyone you know, smart holiday shopping starts with creating a list of your closest relationships. Once you make the…

Beware of Common Holiday Scams

While fraud can occur at any time of the year, unfortunately, it becomes more popular during the holidays. This could be due to the hustle and bustle of the season and the fact that more people are shopping, especially online.   Here is a list of the most common holiday fraud schemes with tips on how to protect yourself.   3 Common Holiday Fraud Methods & Scams  Here are some of the most common holiday frauds and scams:   Skimming is carried out by using electronic devices to secretly scan and store debit card and credit card PINs and numbers. This tactic is commonly used on fuel pumps at gas stations.  SMiShing (SMS phishing) is…

November 5, 2021Security Center No Comments

While fraud can occur at any time of the year, unfortunately, it becomes more popular during the holidays. This could be due to the hustle and bustle of the season and the fact that more people are shopping, especially online.   Here is a list of the most common holiday fraud schemes with tips on how to protect yourself.   3 Common Holiday Fraud Methods & Scams  Here are some of the most common holiday frauds and scams:   Skimming is carried out by using electronic devices to secretly scan and store debit card and credit card PINs and numbers. This tactic is commonly used on fuel pumps at gas stations.  SMiShing (SMS phishing) is…

Thanksgiving Hacks That Will Save You Time and Money

Every year around the holidays, we put a large focus on our personal finances. Everyone is looking for deals and ways to save money. We’re budgeting for holiday gifts and planning family get-togethers. While you’re giving thanks for everything you have, we have some money-saving hacks that you can put into action right away!   Shop early, and shop sales.  Many grocery stores, like Publix, start their holiday sales early. Take advantage of those holiday sales as early as possible, as well as regular weekly sales.  Also, sometimes buying store-brand products can save you some money without sacrificing quality. In fact, many Publix branded items are produced by leading national brands.   Remember, every penny adds up!   Have a potluck…

November 4, 2021Wallet Wins No Comments

Every year around the holidays, we put a large focus on our personal finances. Everyone is looking for deals and ways to save money. We’re budgeting for holiday gifts and planning family get-togethers. While you’re giving thanks for everything you have, we have some money-saving hacks that you can put into action right away!   Shop early, and shop sales.  Many grocery stores, like Publix, start their holiday sales early. Take advantage of those holiday sales as early as possible, as well as regular weekly sales.  Also, sometimes buying store-brand products can save you some money without sacrificing quality. In fact, many Publix branded items are produced by leading national brands.   Remember, every penny adds up!   Have a potluck…

Insurance Terminology You Should Know

Each industry has its own unique terminology, and insurance is no different. Below are 20 common insurance terms and definitions you may encounter when researching coverage for yourself, your family, or your personal assets.  Deductibles: A deductible is an amount you (the policyholder) agree to pay the insurance company before covering any losses. Along with your standard deductible, you’ll come across other types of deductibles for various losses, such as:  Earthquake  Flood  Wind  Hurricane  Hail  Collision Comprehensive  All-Peril Co-Pays: A co-pay is a form of coinsurance that is typically a flat fee you pay before receiving access to any medical treatment.…

October 11, 2021Wallet Wins No Comments

Each industry has its own unique terminology, and insurance is no different. Below are 20 common insurance terms and definitions you may encounter when researching coverage for yourself, your family, or your personal assets.  Deductibles: A deductible is an amount you (the policyholder) agree to pay the insurance company before covering any losses. Along with your standard deductible, you’ll come across other types of deductibles for various losses, such as:  Earthquake  Flood  Wind  Hurricane  Hail  Collision Comprehensive  All-Peril Co-Pays: A co-pay is a form of coinsurance that is typically a flat fee you pay before receiving access to any medical treatment.…

How to Score a Better Deal on Your Next Car 

Buying a car is an exciting time. There are so many possibilities! But, although your heart may be into the shiny sports car on the lot, your mind tells you a nice, modest sedan is actually what you can afford. This guide will help you focus so you can score a better deal the next time you buy a car.  Focus on Price First  Buying a car may be serious business to you, but the salesperson at the lot may view selling a car as a game. Their goal is to score the best deal for the dealership… and a higher commission check for themselves. Your mission,…

October 4, 2021Borrowing Basics, Wallet Wins No Comments

Buying a car is an exciting time. There are so many possibilities! But, although your heart may be into the shiny sports car on the lot, your mind tells you a nice, modest sedan is actually what you can afford. This guide will help you focus so you can score a better deal the next time you buy a car.  Focus on Price First  Buying a car may be serious business to you, but the salesperson at the lot may view selling a car as a game. Their goal is to score the best deal for the dealership… and a higher commission check for themselves. Your mission,…

Teller Appreciation Week

October 4th marks the first day of Teller Appreciation Week, and in celebration, we wanted to thank all our tellers for the hard work they do each day for our members. We could not do what we do without our front-line team.   Because PEFCU’s Champions are exemplary employees and serve our members well, we try to pay them back as much as possible. We strive to provide a work environment that is inclusive, respectful, and equitable, where individual differences, backgrounds, and experiences are valued and appreciated. One of the many ways PEFCU strives to be an employer of choice is by offering competitive benefits and compensation package.  We pay 100% of employees’ medical, dental,…

October 1, 2021We Are PEFCU 2 Comments

October 4th marks the first day of Teller Appreciation Week, and in celebration, we wanted to thank all our tellers for the hard work they do each day for our members. We could not do what we do without our front-line team.   Because PEFCU’s Champions are exemplary employees and serve our members well, we try to pay them back as much as possible. We strive to provide a work environment that is inclusive, respectful, and equitable, where individual differences, backgrounds, and experiences are valued and appreciated. One of the many ways PEFCU strives to be an employer of choice is by offering competitive benefits and compensation package.  We pay 100% of employees’ medical, dental,…

Hispanic Heritage Month

From September 15 to October 15, we’re celebrating Hispanic Heritage Month. Hispanic Americans, who come from a large variety of cultures and nations, number nearly 60 million people, representing over 18% of the U.S. population. We are proud to honor the incredible heritage of the second largest ethnic group in the country and acknowledge their contributions to daily American life, in ways seen and unseen. Here are some interesting facts that may surprise you: Spanish the second most common language in the United States. With 43,200,000 native speakers in the U.S., Spanish is one of its fastest-growing languages! In fact,…

September 28, 2021We Are PEFCU No Comments

From September 15 to October 15, we’re celebrating Hispanic Heritage Month. Hispanic Americans, who come from a large variety of cultures and nations, number nearly 60 million people, representing over 18% of the U.S. population. We are proud to honor the incredible heritage of the second largest ethnic group in the country and acknowledge their contributions to daily American life, in ways seen and unseen. Here are some interesting facts that may surprise you: Spanish the second most common language in the United States. With 43,200,000 native speakers in the U.S., Spanish is one of its fastest-growing languages! In fact,…

How to Boost Your Credit Score for Better Rates

It’s usually not until you apply for a loan that you realize just how valuable an excellent credit score can be. Lenders typically price loans based on your creditworthiness. Lower credit scores lead to higher interest rates. The difference between a C and B credit score, or B and A, could mean saving hundreds, or possibly thousands of dollars in interest, depending on the size and length of the loan.  You may feel that lenders are punishing you, but the reality is that financial institutions are trying to protect themselves from potential losses. Your credit score gives them a bird’s-eye view of your money management abilities. Lenders will perceive you as a higher risk if you struggle…

September 20, 2021Borrowing Basics, Wallet Wins No Comments

It’s usually not until you apply for a loan that you realize just how valuable an excellent credit score can be. Lenders typically price loans based on your creditworthiness. Lower credit scores lead to higher interest rates. The difference between a C and B credit score, or B and A, could mean saving hundreds, or possibly thousands of dollars in interest, depending on the size and length of the loan.  You may feel that lenders are punishing you, but the reality is that financial institutions are trying to protect themselves from potential losses. Your credit score gives them a bird’s-eye view of your money management abilities. Lenders will perceive you as a higher risk if you struggle…