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

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

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

Is Debt Consolidation Right for You?

At Allegacy Federal Credit Union, we will always do the right thing for your wellbeing. If you have several monthly bills that are all due on different days of the month, consolidating the debt into one loan with a single monthly payment could help you simplify the monthly bill paying process. Consolidation could also save you money by moving multiple … Continue reading
Consolidation Loan

3 Steps to Creating a Budget You Can Live With

Finally, you have a paycheck and you can spend it any way you want. But wait! There are bills to pay. Taking that first leap into adulthood is exciting and scary at the same time, but with this simple budget guideline, you’ll stay on track by planning ahead and spending your money on the things you should. The 50/20/30 rule … Continue reading
3 Steps to Creating a Budget You Can Live With

Be Your Financial Best

At Allegacy, we are dedicated to helping you be your best in all areas of your life. Wellbeing comes from achieving balance in physical, emotional, and financial health. Unfortunately, financial wellness still eludes many Americans today, as a recent survey revealed: 47% of respondents say their spending equals or exceeds their income 36% are unable to pay all of their … Continue reading
Girl at computer