School Daze

It's that time of year again. A new school year for millions of kids all across the United States is just around the corner. The good news: the kids are no longer at home all day. Some parents love this. The bad news: kids will need supplies, and these days they need a lot more than crayons, pencils, and erasers. There are backpacks, folders and binders; electronics; pay-to-play fees; shoes and clothing – the list goes on. Depending on the size of your family, these items can easily set you back hundreds or thousands of dollars.

The long lists are daunting and can leave you wondering how on earth you will pay for all these essentials. Take a deep breath – you're not alone.

did you know

Who doesn't like money? It doesn't mean you're greedy, and money certainly isn't everything. But while those greenbacks and bucks might not buy you love and may be the root of all evil, money is necessary for basic survival. After all, how many of us would go to work each day if we weren't paid?

Just for kicks, here's a roster of little-known "fun facts" about money. 

Financial Checkup

Were you pleased with your financial situation in 2017? We're already six months into 2018, and it's time to determine how you're doing so far this year and if you have your finances on track.

Much like keeping your body and mind fit, making sure you are financially stable also requires maintenance and preparation. Taking control of your financial future can be overwhelming and frustrating. A mid-year financial checkup is a good habit to get into to evaluate your progress in the first six months and make sure you have all your bases covered. If you're off course, you can still make adjustments before it's too late.

elder financial abuse

Elder financial exploitation has been a top concern for credit unions for many years, as credit unions were built upon the philosophy of protecting their members’ finances. On June 25, Ohio’s credit unions join the state in recognizing and opposing elder abuse, neglect, and financial exploitation.

The U.S. Census Bureau predicts that the number of Americans over 65-years-old will nearly double by 2050, growing from 43.1 million in the most recent census to 83.7 million. That creates new victims for those hoping to abuse or defraud the elderly.

Current studies suggest that 10% of seniors may suffer some form of abuse, neglect, or financial exploitation, according to a U.S. Department of Justice press release. Other studies show older adults may suffer billions in losses because of financial fraud. Credit unions make knowing their members a priority; thus, connections made at the teller-line put credit union in the position to know when something seems “off” or the older member seems worried or confused.

interior home improvements

In a previous blog entry, we talked about exterior home improvements and ways to boost your home's curb appeal. Some of the improvements that offer the best return on your investment are exterior, such as a new roof, landscaping, etc. This time, let's go inside.