FFCCU Blog
How a 529 Plan Could Help You Save for Higher Education
May 29th is National 529 Plan Day. In celebration, Nichole Coyle, CERTIFIED FINANCIAL PLANNER™, breaks down the details of a 529 plan and the advantages and disadvantages of using one to save for education expenses. You may have heard the stats – Americans owe nearly $1.75 trillion in student loan debt, spread out among about 43 million… (read more)
Posted In: Saving
5 Reasons a Budget Might be Wrong for You
While countless financial articles advise keeping a monthly budget, many people don’t find budgets to be an effective way of managing money. In fact, a survey from Gallop shows that only 1 out of 3 Americans have a structured budget. A budget is typically a very smart idea if you tend to overspend or are… (read more)
Posted In: Saving
Get A New Motorcycle for the Summer with These Five Tips
Summer is a great time to start looking for your next ride. As the weather heats up, you won’t want to miss the feeling of a warm breeze on your face as you casually cruise through park roads. Here are five steps to take to get the bike of your dreams and the motorcycle financing… (read more)
Posted In: auto loans, Tips For Managing Finances
Teaching Financial Literacy During National Credit Union Youth Month, Part 2
In honor of National Credit Union Youth Month, we’re back with part two in our series about youth financial literacy. This week, certified financial planner™, Nicole Coyle, shares tips to get your teens participating in their financial future. Want tips for younger kids? Check out last week’s post here. Financial Literacy for Tweens and Young… (read more)
Congratulations to Our 2022 Ignite My Future Scholarship Winners!
Picking the scholarship recipients every year is a difficult job. With so many exceptional candidates, it is never an easy task. However, we are grateful for all the students that applied. And without further ado, here are the 2022 Ignite My Future Scholarship winners: Grace Koehler Grace is a senior at Medina High School. She… (read more)
Posted In: Ignite
Teaching Financial Literacy During National Credit Union Youth Month, Part 1
Welcome to part one of the National Credit Union Youth Month blogs! Every April, credit unions around the country celebrate this month as a way to get kids involved in finances. Over the next two weeks, Nichole Coyle, Certified Financial Planner™, explains how to get your kids excited about saving and budgeting. Teaching children about… (read more)
Posted In: Saving, Sparky's Kids Club, Tips For Managing Finances
Outdoor Toys: How you Can use a Recreational Vehicle Loan for so Much more Than a Motorhome
Have you had your eye on a motorcycle or been itching to buy a jet ski? Maybe you’d love to go off-roading in an ATV, but you wonder how you’ll pay for it. The answer: a recreational vehicle loan. You may have thought these loans were just for big motorhomes or RVs. If so, think… (read more)
Posted In: FFCCU Services, Lending
How to Navigate New Car Financing in the 2022 Market
Driving past a car dealership rekindles memories of rows of shiny cars in all shapes and sizes. Nowadays, these same lots are vehicle ghost towns. The auto industry has experienced shortages of new vehicles, thanks to the pandemic and resulting supply chain issues like lack of microchips and other computerized parts modern cars require. If… (read more)
Posted In: auto loans
How Covid-19 Has Affected Women’s Financial Health
Over the past two years, we have seen many things shift and change as a result of the COVID-19 pandemic. One of the more dramatic effects of all these changes has been the impact on women’s financial health. Since the early phase of the pandemic, women were more likely than men to lose or leave… (read more)
Posted In: Saving, Tips For Managing Finances
