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.
With winter coming, now is the time to start saving on energy costs through these helpful tips.
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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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!
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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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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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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Planning for retirement can be daunting, leaving even the most-prepared individuals feeling anxious. In an Ohio Credit Union League 2018 consumer survey, 92 percent of respondents said they had at least one major financial concern about retirement. A majority of the survey’s respondents, about 74.6 percent, don’t plan to retire from full-time employment in the next five years, if ever. Ohioans’ financial fears surrounding retirement vary. Most, 27.5 percent, fear they won’t have time to save what they need. Another…
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Saving money, especially when you’re young, can be challenging. But, that doesn’t mean that you can’t manage your money like a BOSS! With today’s technology, literally at your fingertips, there is no reason why savings and spending should go unmanaged. Right now, Millennials are stepping into or are a few years into the beginning of their careers. Managing bills, a new job, new expenses, and oh, yeah, that college loan can be daunting, but not unruly. Track Your Spending Mobile…
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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. Even though they’re not communicating about money, couples are stressing about it. A Money Magazine poll found four out of five spouses believe they’re on…
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