Preventing Elder Fraud and Financial Exploitation

Fraud Money Management

Financial loss from elderly fraud is in the billions annually. Seniors are the fastest-growing population segment in Ohio and the Scripps Gerontology Center projects more than 1 in 4 Ohioans will be age 60 and older by 2025. Unfortunately, that growth has contributed to high rates of fraud and financial exploitation targeting the elderly in our state. The national rate of elder financial abuse is also high, with 1 in 20 cases of seniors falling victim to the crime, according…
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Managing Your Finances During the COVID-19 Pandemic

Money Management Spending/Saving

The COVID-19 pandemic is not only causing fear and uncertainty about our health, but our livelihood as well. Many wonder “What happens to me and my family if my employer has to lay off people or my hours are cut?” Now more than ever, it’s important to keep track of your expenses to make sure you’re not spending more than you make or increasing your credit card debt. If you feel like you live paycheck to paycheck, then now is…
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Tax Benefits for College Students

Money Management Spending/Saving

Did you know you can take advantage of special tax breaks just for college students and their parents? These benefits come in the form of tax credits and deductions when you file your income tax return. What’s the difference? A credit reduces the amount of income tax you have to pay. A deduction reduces the amount of your income that is taxed, which also typically lessens your tax bill. In other words, you could get a bigger tax refund! Filing Your Taxes…
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Best Ways to Manage Your Holiday Expenses

Money Management Spending/Saving

With the holiday season right around the corner, consumers are often unprepared for the additional expenses for those special presents and occasions and exit the holiday season with debt—a gift that unfortunately keeps on giving. 

Back-to-School shopping is almost as big as Black Friday—learn how to save this year!

Money Management Spending/Saving

Ohioans may not be planning to spend as much as the national average on back-to-school shopping this year, but that doesn’t mean the supply run will be cheap. The back-to-school season has become the second biggest shopping season of the year in the U.S., according to a Deloitte Back-to-School survey. American households were expected to spend about $27.6 billion on clothes and supplies for the new school year in 2018. In the Ohio Credit Union League’s 2019 consumer survey, 36…
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This eBook will help you maximize tax time!

Money Management News

Every year, the middle of April marks the end of the federal tax return filing season. For many Americans, that can mean seemingly endless forms, paystubs, and other paperwork. However, tax time can also be a unique opportunity for saving for your future! Grab this free eBook now to learn how you can maximize tax time in three easy ways and make your tax refund work for you!

Sticking to Financial Resolutions

Life Goals Money Management Spending/Saving

Ohioans, like most Americans, entered 2019 hoping to better their finances, but many have likely already fallen off track. In an Ohio Credit Union League 2019 consumer survey, 69 percent said their New Year’s resolution was to get on a budget. That statistic isn’t surprising; many Americans looked critically at their financial situations as they headed into 2019. Statista, a platform providing statistical data on a variety of topics, polled 2,000 people about their New Year’s resolutions in early January….
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Why it’s never too early to start saving for a down payment

Life Goals Money Management Spending/Saving

The best advice my mom ever gave me was, “Pay yourself first.” Pay yourself first What does that mean? Every payday, put some funds straight into savings – before you throw that cash at other expenses or purchases. Now, it doesn’t mean you should ignore your bills. Obviously, you need to pay your rent and make your car payment and all the rest. But if you set yourself an aggressive monthly saving goal, paying yourself first can help you avoid…
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4 Holiday Budget Tips

Money Management Spending/Saving

The holidays are a magical time of year, but they can also be the most stressful. Family, food, shopping, crowds, and chaos abounds. Here are five tips to help manage the holiday stress by not breaking the bank. Limit Spending: Determine the number of gifts you are planning to buy, along with the total dollar you amount you plan to spend. This would include gifts for family, neighbors, co-workers, pets, friends, etc. Put a set dollar limit for each item….
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