Category Archives: Saving

Money Saving Tips for 2024

The new year can bring the promise of a fresh start. Many people make resolutions to eat healthier, work out more, or spend more time enjoying a hobby. Resolutions are promises we make to ourselves that will help improve our lives in some way. So, why not resolve to be more financially prepared in 2024?… (read more)

Handling Holiday Stress: Family & Finances

Hustle and bustle and holiday lights. Much as the season is about cheer, time with friends and family, giving, and good feelings – there are also a lot of expectations. Holiday stress, seasonal affective disorder (did they have to name it S.A.D.?), and the fact that time moves much faster when you are busy.  Add… (read more)

The Procrastinator’s Guide to Holiday Savings

Every year you promise to be better about holiday savings as November and December kick off a season. That means celebrating, family, feasting, and contrary to your plans…a lot of spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last… (read more)

Play the Long Game with the Best Savings Account Interest Rates

2023 has put many of us in a ‘Certificate Era’ – with some of the best savings account interest rates in years. In previous blogs, we’ve discussed the subtle differentiation between share certificates and certificates of deposit (you’ll see these abbreviated to “CD”). We’ve explored the benefits and risks of investing in a certificate and pointed… (read more)

Learning About Money – 4 Tips for Your Kids

Tips to Teach Children How to Save and Spend Learning about money is an essential step in a child’s education. Early comprehension empowers kids to develop good spending habits from an early age. Then, as they get older, they will utilize those tips and make smart financial choices for their own families. The complexities of… (read more)

Retirement Planning: Roth IRA Conversion

The Roth IRA Conversion Conversation When it comes to retirement planning, you may have heard of a Roth IRA. Roth IRAs are an after-tax account designed for retirement savings. This means that no tax deduction is given for contributions to a Roth IRA. Instead, when funds are withdrawn after age 59 1/2, there are no… (read more)

Share Certificate vs. CD? What’s the Difference?

CERTIFICATES. You’ve seen the term a lot recently in promos for FFCCU and other financial institutions. At a credit union, you may have heard about ‘share certificates.’ Elsewhere you’ve probably seen mention of ‘certificates of deposit,’ more often abbreviated as ‘CDs. Share certificate vs CD vs certificate of deposit…what’s the difference? Spoiler Alert: functionally, there… (read more)

High Interest Homerun: How Interest Hikes Benefit Certificate Rates

Making a financial investment can be like lining up a grand slam: swing too early or too late, and you miss your best opportunity! Soaring interest rates have been throwing a curveball at many financial plans as new loans become a pricey proposition. But there is a way you can benefit from rising rates and… (read more)

Six Ways to Prepare for the Holiday Season 

The holidays are just around the corner and searching for a great deal for that special someone can get expensive. Thoughtful and memorable gifts do not have to break the bank. Allegecy says that the holidays do not have to cost an arm and a leg to make the day special. Going above and beyond with… (read more)