Building Good Financial Habits for Life 

Where do you see yourself a year from now? Hopefully, you see yourself better off financially. But resolutions and goals with no plan are bound to fail.   While it’s reported that around 73% of Americans plan to start the new year with resolutions, about 12% of them don’t even think their goals are possible. In fact, … Read More

January 4, 2021Borrowing Basics, Future Planning, Wallet Wins No Comments

Where do you see yourself a year from now? Hopefully, you see yourself better off financially. But resolutions and goals with no plan are bound to fail.   While it’s reported that around 73% of Americans plan to start the new year with resolutions, about 12% of them don’t even think their goals are possible. In fact, … Read More

Why Shopping Local Matters

We know that COVID-19 has had an impact on our economy. When we use the word “economy,” we often think about how the national economy is affected. But what affects us the most are the impacts on our local economies and communities.   As a credit union that supports local economies, we understand how economic downturns affect each of … Read More

November 16, 2020Wallet Wins No Comments

We know that COVID-19 has had an impact on our economy. When we use the word “economy,” we often think about how the national economy is affected. But what affects us the most are the impacts on our local economies and communities.   As a credit union that supports local economies, we understand how economic downturns affect each of … Read More

Good Debt, Bad Debt – Knowing the Difference 

You might be under the impression that all debt is bad, but that isn’t true. While no one likes to owe money, some loans can help you become more financially secure.   There are good debts, and there are bad debts. Good debts are not as risky to lenders and may lead to better loan terms. Bad debts raise red flags to lenders and make them more cautious about lending you money, leading to higher interest … Read More

November 16, 2020Wallet Wins No Comments

You might be under the impression that all debt is bad, but that isn’t true. While no one likes to owe money, some loans can help you become more financially secure.   There are good debts, and there are bad debts. Good debts are not as risky to lenders and may lead to better loan terms. Bad debts raise red flags to lenders and make them more cautious about lending you money, leading to higher interest … Read More

4 Must-Try Personal Finance Apps

Getting your finances in check can be hard. Fortunately, technology makes it easier to manage your personal finances. There are many applications to help with your budget goals. Each provides a unique approach to help you manage your money. We’ve done a little digging for you. Check out these budgeting apps to find out what works best for you!   You Need a Budget (YNAB) How it helps: YNAB is all about budgeting. … Read More

October 12, 2020Wallet Wins 2 Comments

Getting your finances in check can be hard. Fortunately, technology makes it easier to manage your personal finances. There are many applications to help with your budget goals. Each provides a unique approach to help you manage your money. We’ve done a little digging for you. Check out these budgeting apps to find out what works best for you!   You Need a Budget (YNAB) How it helps: YNAB is all about budgeting. … Read More

PEFCU Credit Card Rewards: Charity

You have a big heart, don’t you? You are always looking for opportunities to give to those in need. With the PEFCU Visa® Credit Card, you can give your ScoreCard® reward points to charitable organizations. It is one more reason that you’ll want to hold on to your PEFCU Visa® card.   Local Charities  Scorecard® allows you to search for local charities, allowing you to see your community change up close. Choose … Read More

October 5, 2020PEFCU Perks, Wallet Wins No Comments

You have a big heart, don’t you? You are always looking for opportunities to give to those in need. With the PEFCU Visa® Credit Card, you can give your ScoreCard® reward points to charitable organizations. It is one more reason that you’ll want to hold on to your PEFCU Visa® card.   Local Charities  Scorecard® allows you to search for local charities, allowing you to see your community change up close. Choose … Read More

4 Smart Ways to Use Your Stimulus Check 

If you are fortunate enough to have a secure job during this COVID-19-related economic downturn, you might not need the stimulus money offered to struggling American families. While everyone could use the extra money, here are four wise tips for using your stimulus checks:    1. Pay Your Most Important Bills First.  Some families are hurting right now. If your family is among them, prioritize and pay the most important bills first. If feeding your family is most crucial, then … Read More

September 21, 2020Future Planning, Wallet Wins No Comments

If you are fortunate enough to have a secure job during this COVID-19-related economic downturn, you might not need the stimulus money offered to struggling American families. While everyone could use the extra money, here are four wise tips for using your stimulus checks:    1. Pay Your Most Important Bills First.  Some families are hurting right now. If your family is among them, prioritize and pay the most important bills first. If feeding your family is most crucial, then … Read More

Financially Preparing for the Unknown 

Predicting the future down to every detail is impossible. Now more than ever, people are questioning the future of their health, finances, and careers. We understand this is troubling.  One lesson you can learn as you look ahead is how prepared you are for financial uncertainties. Many events in life are unpredictable, but you can plan financial stability through sudden setbacks.   Here are a few tips to help you plan for the unknown and improve your current financial life:  Stick with Your Savings Plan.  If possible, keep working as much as you … Read More

September 14, 2020Future Planning, Wallet Wins No Comments

Predicting the future down to every detail is impossible. Now more than ever, people are questioning the future of their health, finances, and careers. We understand this is troubling.  One lesson you can learn as you look ahead is how prepared you are for financial uncertainties. Many events in life are unpredictable, but you can plan financial stability through sudden setbacks.   Here are a few tips to help you plan for the unknown and improve your current financial life:  Stick with Your Savings Plan.  If possible, keep working as much as you … Read More

Why a Good Credit Score Matters

You’ve heard by now, more than once, that it is important to have a good credit score. While this sounds good and wise, the importance of a high credit score often doesn’t sink in until you see it in black and white.  We want you to understand that a good credit score matters in very real ways. The following example will … Read More

September 1, 2020Wallet Wins No Comments

You’ve heard by now, more than once, that it is important to have a good credit score. While this sounds good and wise, the importance of a high credit score often doesn’t sink in until you see it in black and white.  We want you to understand that a good credit score matters in very real ways. The following example will … Read More

5 Ways to Build Your Emergency Fund 

Car repairs. Medical bills. Sudden job loss. These unexpected expenses unfortunately pop up from time to time. Putting aside three to six months of living expenses into an Emergency Fund should be at the top of everyone’s financial to-do list.   However, that isn’t the easiest thing to do. Could you use some guidance? If so, here are five tips to help you boost your emergency … Read More

July 5, 2020Wallet Wins 1 Comment

Car repairs. Medical bills. Sudden job loss. These unexpected expenses unfortunately pop up from time to time. Putting aside three to six months of living expenses into an Emergency Fund should be at the top of everyone’s financial to-do list.   However, that isn’t the easiest thing to do. Could you use some guidance? If so, here are five tips to help you boost your emergency … Read More

What Is Gap and Why Do You Need It?

What is GAP?  You found the perfect car – sunroof, leather seats, navigation system – the works. You couldn’t be happier. Then…you sit down with the finance person at the dealership. Loan terms get tossed around and before you know it, you’re completely lost and unsure what you’re agreeing to.  That’s Why We’re Here   Our goal is … Read More

June 25, 2020Borrowing Basics, Wallet Wins No Comments

What is GAP?  You found the perfect car – sunroof, leather seats, navigation system – the works. You couldn’t be happier. Then…you sit down with the finance person at the dealership. Loan terms get tossed around and before you know it, you’re completely lost and unsure what you’re agreeing to.  That’s Why We’re Here   Our goal is … Read More