Allowing children to have and manage their own money gives them the opportunity to make spending choices and learn from the experience. Teaching kids about handling money gives them valuable lessons in a safe environment — before the mistakes get costly — so begin early, be consistent and set a good example with your own finances.
savings
Members’ Story – Kelly and Mikey R.
When Kelly and her husband Mikey, got married in 2014, their next goal was to buy a house. While Kelly did some initial research to get a home loan with other institutions, she was leaning toward SchoolsFirst FCU from the start.
Ways to Improve Your Financial Security This Year
Inflation and COVID have prompted many of us to protect our health, jobs and financial well-being. No matter what your circumstances are, life will always have bumps in the road. Here are some tips to get back to basics and improve your financial picture.
4 Saving Moves for Now and the Future
In uncertain times, it’s not uncommon to let fear get the best of you, especially when it comes to making decisions about your finances. Having smart savings strategies in place can help protect your long-term security and weather life’s temporary ups and downs. Here are five saving moves to help you make the most of your money.
Which Takes Priority, Retirement or College?
Like most people, you probably have many financial goals you’d like to accomplish. If you have children, helping them pay for college may top the list. Continue reading
Tips to Save for Emergencies and Your Future
If you feel like you could do more to improve your saving and investing habits, or don’t know how to get started, here are some tips to help. Financial experts agree that there are two important things to focus on: start and contribute regularly to an emergency fund and contribute at least 10% of your paycheck to a retirement account.
Rules of Thumb to Save for Your Future
For many of us, retirement is years away, for others it may be right in their rearview mirror. No matter where you are in life, you may wonder if you’re saving enough for when you quit working. Although each person’s situation and goals are unique, considering these simple rules of thumb can help take the guesswork out of retirement planning, so you can develop a winning savings strategy. Continue reading
Smart Ways to Save for College
Get a jump on college tuition by starting early and saving regularly. Here are some options to help you save now for your child’s bright future.
Get Your Finances Ready To Buy a Home
The good news for homebuyers is that California’s hot market is showing signs of cooling. In fact, median home prices saw a 2.3% decrease from August to September 2021.
Member’s Story: Angela (Video)
Angela credits SchoolsFirst FCU with giving her the opportunity to save for retirement and enjoy her time after teaching. Continue reading