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How to Start Building Your Credit

  When you’re just starting out in life, it’s hard to establish your independence. To get a job, you need to have some experience. To set up a new home, you may need some furniture or funds to cover the start-up costs. The same can be said for your credit. How do you establish credit when you have no credit … Continue reading
How to Start Building Your Credit

Keeping Debt Manageable

Debt is a reality for most Americans. In fact, the Federal Reserve estimates that 77% of Americans carry some form of debt.1 As a vital part of daily life, debt helps us buy our homes and cars, send our children to college, and make home improvements. It’s important, though, to realize that not all debt is created equally. Some debt … Continue reading
mangage debt

Prevent Mail Theft

A lot of things can happen between a sender’s address and your mailbox. Mail theft is a threat to your property and identity—your passport, tax receipt, and cash could become a target for thieves. Be proactive, take necessary precautions to prevent mail theft. Follow these helpful tips to get started today! Security is part of the package Check your mail … Continue reading
mail theft

The Link between Your Physical and Financial Health

According to a recent PwC report, almost 60% of employees report that financial worries cause the most stress in their lives.  It’s no secret that stress can affect our physical health. Many of us have experienced stress-eating, tension headaches, loss of sleep, or the occasional digestive issues that can be brought about by excessive worry. Several studies have also shown … Continue reading
The Link between your physical and financial health

Mind Your Money Manners

When it comes to money, we have many choices about how to use it. We can save it for the future, spend it on something we want or need, or share it with others in need. When it comes to talking about money, many of us are reluctant to open up. It may be because we associate money with negative … Continue reading
Mind Your Money Manners

Managing a Cash Budget

The way we manage our money has changed dramatically in the past few years, as new digital technologies bring greater security and convenience. Given recent health and safety concerns, cash transactions have been slowly phased out of our day-to-day financial habits. While the trend may be moving us toward a cashless economy, there are some instances when using cash just … Continue reading
Managing a Cash Budget

Saving Money: A Proverbial Plan

When it comes to saving money, we all could do a little better. On average, the personal savings rate in the United States hovers around seven percent. During times of uncertainty, like the COVID-19 pandemic, consumers tend to save more as they look for ways to stretch their dollars to cope with the crisis. Instead of taking a defensive stance, … Continue reading
Saving Money: A Proverbial Plan

Staying Financially Fit On the Go

At Allegacy Federal Credit Union, we know that your time is precious and we want to do the right thing for your wellbeing by giving you banking options that are available when its convenient to you, no matter where you are. With online banking and our mobile app, you’ll have free access to accounts and the security of knowing that the … Continue reading
Staying Financially Fit On the Go

Teaching Your Child About Money

At Allegacy Federal Credit Union, we believe in doing the right thing for your wellbeing. Summer is quickly coming to a close and back to school is just around the corner. This is the perfect time to teach (or remind) your child about the importance of money. Ask your five-year old where money comes from, and the answer you’ll probably … Continue reading
Girl taking money at lemonade stand

Learning from home? Financial Education Sites for Kids

At Allegacy, we are committed to doing the right thing for your wellbeing. With many children learning and parents working from home, we have put together the following educational resources to help the whole family improve their financial wellbeing during this uncertain time: The Council for Economic Education’s EconEdLink offers economic and personal finance resources for grade K-12 PBS Learning … Continue reading
Father and Daughter learn at computer