kids cash

As Youth Month at VacationLand Federal Credit Union draws to a close, we encourage you to continue teaching your children about saving, giving, earning and spending. 

Kids aren't don’t get a lot of financial education in school, so when they become adults they just wing it and take care of financial matters as best they can. We’ve all been there, but it’s never too early – or too late – to learn sound financial habits!

youth month 2019A penny saved is a penny earned. Penny pincher. A pretty penny. Penny wise, pound foolish.

A penny certainly doesn't buy much these days, and getting your kids to save a penny, or more, is like pulling teeth. However, saving money is just as important as earning money.

April is Youth Month at VacationLand Federal Credit Union, a great time to start a conversation with the kids about saving money and setting financial goals.

loan refinancing

The process refinancing a loan involves taking out a new loan to pay off the debt of the existing loan. People may choose to refinance an existing loan for a number of reasons – most often to get a lower interest rate.

With a lower interest rate, you could get a lower monthly payment or keep your monthly payment the same and shorten the repayment term to pay off the debt faster. During VacationLand Federal Credit Union's Loan Refinance Special, you may be able to refinance a loan you presently have with another financial institution.

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Refinancing an existing loan can help you lower your monthly payments.

During our Loan Refinance Special, we’re offering a $250 Visa gift card at closing AND we’re waiving the processing fees – a $191 savings!

retirement image for blog

When the time comes to retire, will you be ready?

You’ve probably heard that you should have saved at least $1 million to $1.5 million, or 10 to 12 times your current income. If you’re thinking about retiring, experts say to start planning well in advance of the actual date. You’ll need to think about how much money you’ll need each year after retirement, where you will live, and how long you might live, based on your current health status. Estimating longevity is challenging, but surprisingly, a 65-year-old today might live to be 95!