Using Science To Break Expensive Habits
We are each a walking collection of habits. The things we do define us, and the things we do often, our habits, truly shape our lives. Some habits cost us money, and when it’s a habit that we perform often, that money tends to add up. So, what makes a habit? A habit is essentially… (read more)
Posted In: Tips For Managing Finances
6 Steps To Adult-Level Financing
It’s a good thing we learned about things like rhombuses, isosceles triangles, and covalent bonds in high school, right? We tend to use this knowledge on a daily basis and it often saves our lives. Without courses that covered this stuff we would have had to learn useless things like how to be financially stable,… (read more)
Posted In: Tips For Managing Finances
Ready to buy your first home?
Do you ever ask yourself, “What do I have to show for my monthly rent payment?” If you do, it might be time to consider making your living situation more of an investment. Is it the right time for you to stop renting and buy your first home? There are a lot of steps and… (read more)
Posted In: Tips For Managing Finances
Wear Jeans. Help Kids.
Did you know you’ve got the power to save a life? Wednesday, September 12 is Miracle Jeans Day, which means FFCCU teammates will be wearing their favorite jeans to help raise funds for local children who need special medical help. You can participate too! Visit any branch to make a donation! All donations will benefit… (read more)
Posted In: FFCCU News and Info
Why healthy relationships require financial communication
Everyone knows communication is key to a happy marriage. Couples love talking about their future together and exciting vacation plans, but avoid the tough conversations like finances. In fact, 91 percent of Americans said they actively found reasons to avoid discussing money with their partners, according to an American Express Spending and Saving Tracker poll…. (read more)
Posted In: Uncategorized
The realities of paying off student loans
College graduates in Ohio are entering the workforce with high hopes, bright futures, and plenty of student loan debt. The average annual cost of tuition in Ohio was $14,804 for the 2016-2017 academic year, according to CollegeCalc. That’s $1,218 higher than the U.S. average and ranks Ohio as the 20th most-expensive state or district in… (read more)
Posted In: Uncategorized
To Refi or Not to Refi? That is the question.
There are a lot of determining factors when it comes to whether or not you should refinance your home. Before moving forward, you should ask yourself some questions to better understand if refinancing is right for you. Here are some things to consider: Why are you interested in refinancing? Lower rates, smaller monthly payments and… (read more)
Posted In: Lending
Finding Your Home: What’s Important to You?
A place to call home. Shopping for a home is not just about the house itself. It’s also about the lifestyle of the community that surrounds it. When purchasing a home, it’s important to consider these features when shopping: School Districts & Education Whether you’re looking at education for your children or yourself, you… (read more)
Posted In: Lending
Car Ownership vs. Ridesharing
Transportation accounts for 17% of an average American’s spending. This is inconsistent with what financial counselors typically recommend, which is to limit transportation costs to 15% of one’s income, max. And it’s only getting worse! In 2016, the average monthly payment on a new car surpassed $500 per month for the first time in history…. (read more)
Posted In: Tips For Managing Finances
Do you and your money care about the same things?
As the old adage goes “Actions speak louder than words.” On the topic in question, it is fair to say spending is an action that implies values. Which explains why the nature of finances can be so personal, and challenge us to ask the question, what do we value? Is it: Family? Friends? Health? Happiness?… (read more)
Posted In: Uncategorized